Midday Report- Markets recover from day's low

The benchmark indices recovered from their day's low but still continue to trade in red. The recovery in the market was led by FII buying and some buying among sectoral indices. At 12.46 pm, Sensex fell by 0.20% or 160 points to 82,186. The Nifty dipped 0.20% or 49 points to 25,294.

Global Update-

Asia stock markets trade mixed after US Fed holds rates.

European stocks are expected to open higher, with traders focused on a raft of earnings reports due from some of Europe’s biggest companies.