Key Points
Stock markets rebounded from early lows to close higher on Friday, snapping the four-day losing streak on heavy value buying in banking and auto shares...
The index opened lower and tanked further 672.53 points or 0.92 per cent to hit a low of 71,816.46 in early trade..
The benchmark indices posted their worst weekly fall in over a month as the West Asia conflict weighed on investor sentiment Nifty and Sensex declined 1.65% and 1.56%, respectively, in the week ended April 19, its worst decline since March 15..
From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers...
Nifty Bank index fell sharply in the opening session on Friday, but it made a smart recovery to close the day higher note at 47,574..
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