Sensex Rebounds Over 1,100 Points Tracking Global Peers, Nifty Trades Above 16,550
NDTV
The Indian equity indices rebounded on Friday after a massive crash in the previous session, tracking its global peers.
The Indian equity indices rebounded on Friday after a massive crash in the previous session, tracking its global peers. Asian shares regained ground following Wall Street's overnight lead as U.S. President Joe Biden hit back at Russia with harsh sanctions after it attacked Ukraine.
As of 9:21 am, the benchmark BSE Sensex surged 1,135 points or 2.08 per cent to 55,665; while the broader NSE Nifty moved 325 points or 2 per cent higher to 16,573.
Mid-and small-cap shares were trading on a positive note as Nifty Midcap 100 index moved 3.45 per cent up and small-cap shares rose 4.61 per cent.
All the 15 sector gauges -- compiled by the National Stock Exchange -- were trading in green. Nifty PSU Bank and Nifty Metal were outperforming the index by rising as much as 4.85 per cent and 3.85 per cent, respectively.