Recoup day’s losses of 1,208 points on bargain hunt, end 1% higher; Key indices stage strong comeback on heavy buying in telecomstocks and encouraging domestic inflation data

India's Consumer Price Index (CPI)-based inflation eased to 5.48 per cent in November, down from 6.21 per cent in October, according to Ministry of Statistics and Programme Implementation data

The S P BSE Sensex gained 843.16 points to close at 82,133.12, while the NSE Nifty50 added 219.60 points to end at 24,768.30.

BSE Sensex and Nifty50 bounced back more than 2 percent from the day's low amid ease in retail inflation and three-month high industrial growth at 3.5 percent in October. At close, the Sensex was up 843.