August 25, 2015 2:07 PM

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Volatility Continues in Stocks Markets; Rupee recovers 26 paise against dollar

After yesterday's record fall, the Sensex at the Bombay Stock Exchange showed some semblance of recovery, today, and had gained 269 points, to 26,010 in afternoon trade, amid intense volatility, a short while ago. Earlier, the Sensex had opened on a strong note, surging 383 points within minutes of the start of trade, until volatility took over, and saw the Sensex drop into the red, and swing over 800 points between its high and lows. Similarly, the Nifty at the National Stock Exchange had climbed 81 points, to 7,890 a short while ago. The Chinese market continued to bleed, as it plummeted 7.6 percent. But in other key Asian bourses, while Japan had plunged 4 percent, markets in South Korea and Singapore showed signs of respite, and had gained about one percent, each.Back home, at the forex market, the rupee had strengthened 26 paise, to 66.39 against the dollar in early trade.

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