Markets rebounded moderately with 1 percent gain, after sharp fall yesterday following renewed fears of coronavirus. Sensex opened cautiously in green amid global cues and was range-bound in the first half. Later huge buying was witnessed for IT and Pharma majors triggering buys in all other sectors. Consequently, Nifty ended around 13,466 levels up by 1 percent.
Midcap and smallcap too registered decent gains. Analysts expect market volatility to remain high in at least a few sessions from now