Sensex, Nifty off day's low; BSE Midcap gains ~1%

Equity benchmark indices recovered from their morning lows as buy volumes grew in pharma, IT, and PSU banking stocks. Both Sensex and Nifty had slipped over 1.3% after the sudden resignation of RBI Governor Urjit Patel. However, despite the pullback, investor sentiment is still negative ahead of the outcome of the assembly polls.

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