Indian share markets managed to recover a third of their worst declines in seven months that took place on Monday. The BSE Sensex ended 452 points higher at 46,006. The NSE Nifty 50 index also gained 137 points to end at 13,466. The index recovered nearly 300 points from the day's low of 13,192.

Both benchmark indices had a very volatile trading day where they oscillated in a broad trading range. Among the sectoral indices, the I.T. and Pharma stocks outperformed in today's session. The Nifty I.T. index ended 3.4 percent higher, surging to a record high in the process. Three out of the top five Nifty gainers were I.T. stocks.

Pharma stocks were the other major outperformers in today's session with the Nifty Pharma index ending with gains of 2.2 percent. The Nifty Metal index gained 1.4 percent while Nifty Auto and the PSU Bank index ended with gains of close to 1 percent after recovering from their respective day's low. Broader markets moved largely in-line with the benchmarks. The Midcap index ended 0.85 percent higher while the Smallcap index ended with gains of 0.8 percent.

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