The BSE Sensex vaulted almost 261 points to close at 35,547.33, while the broader NSE Nifty climbed 61.60 points to 10,772.05.
The 30-share Sensex stayed in the green throughout and hit the day's high of 35,571.37 on a flurry of buying.
Broadly positive Asian cues lifted the key Indian equity indices afternoon, with the barometer Sensex of the BSE gaining over 200 points so far.
Indian shares were set to snap a two-day losing streak, led by gains in financials, despite lingering trade tensions between US and China that roiled markets.
The 30-scrip Sensitive Index (Sensex) opened on a positive note during the morning session of the trade.
Sensex plunged around 262 points to end at a two-week low of 35,286.74, while the broader Nifty dropped 89 points to 10,710.45.
The BSE Sensex plunged around 262 points to end at a two-week low of 35,286.74 today, tracking a sell-off across Asian and European markets after the US and China escalated their trade dispute.
At 1.16 pm, the wider Nifty50 of NSE traded at 10,719.10 points, down 80.75 points or 0.75 per cent from the previous close of 10,799.85 points.
Indian equity indices traded in the red during the morning session as heavy selling took place in automobile, IT and banking stocks.
Indian equity ended lower mainly due to sell-offs in metal, bank and IT counters as investors turned cautious over escalation of trade tariff spat between US, China.
I-T department probing acquisition of Chanda Kochhars Mumbai Residence
I-T department looking into acquisition of the residence by Deepak Kochhar
Acquisition of residence said to be linked to firms of Videocon group
Indian Express Reports
BANK OF MAHARASHTRA
3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune
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U.S. International Trade Commission scheduled to make a final decision By Dec 20