Markets reverse losses, Sensex up 1.3 percent

Mumbai, April 8 (IANS) Indian equities markets, which had opened in the red and were trading in negative terrain till around 2 p.m., climbed back into the green about 40 minutes before closing bell Wednesday. A key index was ruling 1.33 percent above its last closing figure.

The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 10,283.58 points, was trading at 10,674.49 points - a rise of 139.62 points or 1.33 percent from Monday's close.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) gained 1.92 percent to rule at 3,320.9 points.

Markets remained closed Tuesday on account of Mahavir Jayanti.

Broader market indices were doing better with the BSE midcap index ruling 3.26 percent higher, while the BSE smallcap index was up 4.25 percent.