Mumbai (PTI): The Bombay Stock Exchange benchmark Sensex rebounded at midsession today to record a hefty gain of 257 points on emergence of buying by funds in heavy-weight stocks led by capital goods and metal segments, available at attractive levels.
At 1415 hrs, the 30-share index, which lost nearly 300 points in the morning trade, bounced back to wipe-off all the losses and to trade 257.08 points higher at 14,612.86.
Capital goods stocks gained the most as the sector's index shot up by 411.64 points at 12,095.44 on the back of a steep rise in Larsen and Toubro, BHEL, ABB Ltd.
Metal index was second best performer by gaining 350.63 points as stocks such as Sesa Goa, MMTC Ltd, Jindal Steel, Sterlite Industries and Tata Steel traded higher.
