The Sensex had plunged 516.06 points in yesterday's trade after Reserve Bank cut repo rate by 25 basis points to 6.5 percent, which was in line with market expectations.

The 30-share index rebounded by 117.06 points or 0.47 percent to 25,000.65 in morning trade as realty, metal, auto and banking sector stocks led the recovery.

Similarly, the National Stock Exchange index Nifty rose by 35.45 points or 0.46 percent to 7,638.65. It had lost 155.60 points in yesterday's trade.

Among other Asian markets, Hong Kong's Hang Seng was up 0.30 percent while Japan's Nikkei rose 0.24 per cent in morning trade on rally in oil prices. Shanghai Composite Index was trading 0.09 percent higher.

The US Dow Jones Industrial Average overnight ended 0.75 percent down.

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