Indian equity markets rebounded sharply on Friday, clawing back a substantial portion of the previous session’s losses as bargain buying and improving global cues lifted sentiment. The BSE Sensex and Nifty 50 rose more than 1% at their intraday highs, with gains extending across the session.
The Nifty 50 rose 288.65 points, or 1.30%, to close at 22,520.45, while the Sensex gained 879.09 points, or 1.23%, to settle at 72,472.33.