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Markets have recovered from their day's lows, amid firm European cues, even as bank shares continue to lead the decline after a host of state owned banks reported huge losses because of higher provisioning on account of rising non-performing assets. At 2:30pm, the S&P BSE Sensex was down 193 points at 23,828 and the Nifty50 was down 62 points at 7,236 after hitting an intra-day low of 7,177.75. Read Full Article Over Here :  Business Standard News

Markets continue their southward journey triggered by a massive sell-off in global equities. However, a revision in country’s GDP growth for the current fiscal year has arrested the free fall on Dalal Street. At 2 pm, the S&P BSE Sensex was down 286 points at 24,001 and the Nifty50 was down 92 points at 7,295.  Read Full Article Over Here :  Business Standard News