Indian stocks recover from Monday's bloodbath; Sensex rises nearly 500 pts

New Delhi [India], August 30 (ANI): After a sharp sell-off in Indian stocks the previous session, they managed to recover some of the losses this morning due to broad-based resilience in the financial market fundamentals in India.

At 9.46 a.m. Sensex traded at 58,460.11 points, up 487.49 points or 0.84 per cent, whereas Nifty traded at 17,467.85 points, up 154.95 or 0.89 per cent.

Among Nifty 50 companies, 47 were in the