According to news, it was found out that Sensex continues to recover from the losses. Sensex touched 18,527 points in the morning trades because of FII investments. The weakness in oil & gas and FMCG stocks has dragged the Sensex index down by 204 points from the high to an intra-day low of 18,323. Therefore, the Sensex recovered from the fall and was trading at 18,456 points. It is increased by 43 points.

Since 23 June, it was found out that FIIs have bought shares of worth Rs 1,505.50 crores. Global markets are also moving towards the positive zone.

The Nikkei gained by 0.7% at 9,649 points. Hang Seng and Shanghai Composite closed at 22,062 points and 2,759 points. BSE oil & gas index has dropped by 0.5% to 9,119 points. Gail India was the biggest loser among all the oil & gas stocks as it was decreased by 2% in the whole market. The other losing stocks on the other hand were OMCs (HPCL, BPCL and IOC) and Reliance.

RIL's advance tax payment reportedly jumped from 38.46% to Rs 900 crore in Q1 June 2011 over Q1 June 2010. Analysts expect higher profit for the period under review. Hindalco surged an increase of 4% to Rs 180 whereas Welcorp gained 3.7% at Rs 167 while Jindal Saw, Sterlite and NMDC added around 1% each.