IT stocks drive market rebound after 2-day slump
Benchmark equity indices Sensex and Nifty rebounded on Friday after two days of losses and ended higher, tracking buying in blue-chip IT stocks and a rally in global markets.
The 30-share BSE Sensex climbed 330.92 points, or 0.43 per cent, to settle at 77,264.51. During the day, it jumped 424.38 points, or 0.55 per cent, to 77,357.97.
The 50-share NSE Nifty settled 84.80 points, or 0.35 per cent, higher at 24,175.65.
