The 30-share index BSE Sensex, which opened with a negative gap of around 300 points and lost more than 320 points to touch the day’s low, has regained over 516.51 points and entered into the positive zone.

It has gained over 200 points to touch the high of 14,549.56 on the back of big improvement in the majority of Asian indices. Hang Seng, Shanghai indices turned into positive terrain after wiping off its previous losses.

The recovery was mainly led by BSE Metal, Consumer Goods and Oil and Gas.

At 1:17 p.m., the BSE Sensex gained 193.71 points at 14,549.56, while the NSE Nifty stood at 4,382.55, down 49.56 points.

The overall market breadth was positive as it saw 1,341 progressions as against 1,083 declinations.

Followed by heavy buying action, most of sectoral indices, which were trading negatively since morning turned into positive terrain led by BSE Metal, which climbed 2.36%, BSE Consumer Goods rose 2.14% and BSE Oil and Gas surged 2.07%.

Major gainers in the 30-share index included JaiPrakash Asso, BHEL, Reliance Energy, Reliance, HDFC, Tata Steel, Infosys, Wipro, SBI and L&T.