India’s equity benchmarks rebounded on Friday to recoup nearly half of the previous day’s losses, following a rebound in global markets after the United States unveiled tough new sanctions on Russia. However, investors overall remained cautious when assessing the flow of information on the Russian-Ukrainian crisis.
The 30-stock Sensex index ended 1,328.6 points or 2.4% higher at 55,858.5 and the broader benchmark Nifty50 came in at 16,658.4, up 410 .5 points or 2.5% from its previous close. The two leading indices ended a seven-day losing streak.
(This story will be updated shortly)
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