Sensex soars 1,000 points in early trade amid US recession concerns

In a significant recovery, the stock markets rebounded strongly in early trade on Wednesday. The Sensex surged by 1,046.13 points, reaching 79,639.20. Similarly, the Nifty index saw a substantial increase of 313.9 points, climbing to 24,306.45. Among the 30 Sensex firms, Maruti, Infosys, UltraTech Cement, Adani Ports, JSW Steel, and HCL Technologies emerged as the biggest gainers. Conversely, Asian Paints, Kotak Mahindra Bank, Bharti Airtel, and Titan were the laggards.