Value buying boosts indices

STOCKS WOBBLE

- KISHOR KADAM

AMID EXTREME VOLATILITY, the benchmark indices rebounded on Wednesday and recovered a part of their early losses as value buying emerged at lower levels.

Extending losses for the third consecutive session, the Sensex plunged as much as 1,056 points, or 1.29%, to hit an intraday low of 81,124.45. However, it later rebounded and briefly traded in positive territory before slipping again to close at 81,909.63, down 270.84 points or 0.33%.