Indian shares bounced back as trading opened Wednesday, reversing the market's two-day slide, with the benchmark index rising 4.6 percent.
The 30-company benchmark index of the Bombay Stock Exchange, the Sensex, rose 774 points to 17,504 points in early trading. On Monday, the index had sunk 5 percent after plunging 7.4 percent Monday.
On the rival National Stock Exchange, the 50-share S&P Nifty index was up 232 points, or 4.75 percent, at 5,131 points.