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Markets pare morning losses by afternoon; IT rallies while metal, power stocks stay under pressure

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Markets pare morning losses by afternoon; IT rallies while metal, power stocks stay under pressure

Benchmark indices trimmed their sharp morning losses by midday Monday, with the Sensex and Nifty recovering a significant portion of early declines even as broader market breadth remained firmly negative. As of 12.45 PM, the BSE Sensex was trading at 75,087.71, down 150.28 points or 0.20 per cent, having recovered from the morning low of 74,447.73 — a near 640-point…

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