Benchmark Indian equity indices snapped their seven-day losing streak and finished higher on Thursday, August 20, as markets found much-needed relief after the US Treasury stepped in to contain the surge in global bond yields, triggering a strong, broad-based rebound and ending the domestic market’s week-long losing streak.
The NSE Nifty50 ended 153.55 points, or 0.64%, higher at 24,231.85, while the BSE Sensex settled at 77,537.72, up 628.04 points, or 0.82%, from the previous close.
