Defying weak global cues amid worries over the US economy and a possible default on US government debt, Indian equity markets recovered from the day’s low to end higher on Thursday, led by ITC, Airtel, and Kotak Mahindra Bank.

Dear Trader… The 30-share BSE benchmark Sensex rose 99 points or 0.16% to settle at 61,873. The broader NSE Nifty surged 36 points or 0.20% to settle at 18,321, led by fast moving consumer goods stocks. From the Sensex pack, Bharti Airtel, ITC, and Kotak Bank were the top gainers,