Sensex regains 135 points on value-buying

The benchmark Sensex rebounded over 135 points to close at 27,780.83, reversing its two-day fall, led by gains in Coal India, Sun Pharma and Tata Steel on value-buying by investors. The smart recovery came as other Asian markets shaped up.

However, sentiment remained off-colour because of lingering concerns of Greece's debt crisis.  In a volatile session, the 30-share index, which swung between gains and losses, finally settled higher by 135.68 points, or 0.49 per cent, at 27,780.83. Intra-day, it shuttled between 27,814.53 and 27,570.95.

The gauge had lost 250.82 points in the previous two sessions on the worsening Greece's debt situation.  Meanwhile, the benchmark ended first quarter (April-June) of this fiscal with losses. 

Also, the 50-share Nifty, after moving both ways, ended higher by 50.10 points, or 0.60 per cent, at 8,368.50.