Mumbai: Sensex closes at 16,608 pts, down 22 pts

Earlier, The Bombay Stock Exchange benchmark Sensex recovered nearly 336 points in early trade on Tuesday on revival of buying at the existing lower levels.

The 30-share index bounced back by 335.81 points at 16,966.72 in the first five minutes of trading. It had tumbled nearly 834 points to close at 16,630.91 on Monday.

Similarly, the wide-based National Stock Exchange’s Nifty shot up by 92.60 points at 4,949.60 points. A rising trend in global stock markets boosted the trading sentiment to some extend, marketmen said.

Source : Agencies