Sensex recovers by 92 points

The Bombay Stock Exchange  30-share barometer touched a low of 16,622.05 in afternoon deals following the tumbling of telecom shares after sectoral regulator Trai on wednesday said it may ask all operators to consider the per second pulse as a mandatory tariff option.

However, good buying support emerged in FMCG, metal, banking and capital goods counters helping the barometer index to close higher by of 92.13 points or 0.55 per cent than its previous close at 16,958.54. The 50-issue Nifty of the NSE also firmed up by 24.20 points or 0.48 per cent to 5,027.40 from its last close. Brokers said markets mainly got support from higher global advices. The US markets ended up yesterday after the services sector expanded for the first time in last several months.

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