Indices recover in the afternoon to trade higher; Pharma stocks gain while metal stocks fall ~1.5%.
BSE Sensex is currently 52,421.79 up 103.19 points or 0.20%.
Nifty50 is currently 15,704.10 up 24.10 points or 0.15%. Nifty Bank is trading up 0.36% at 34,809.95 while Mid-cap Index is down by 0.05%.
Divis Lab, Adani Ports, ICICI Bank, Reliance, and Coal India are the top gainers while Tata Steel, JSW Steel, Power Grid, Britannia, and L&T are the top losers.
Nifty Metal stocks sink nearly 1.5% while IT, FMCG and Auto stocks also remain under pressure. Nifty Media, Realty and Pharma stocks trade over 0.5% higher.
Out of 50 stocks traded on the NSE, 25 advanced and 25 declined.
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