Sensex, Nifty rebound after 3-day decline; IT, financial shares rise on easing inflation concerns
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Benchmark Sensex and Nifty snapped a three-day losing streak to settle higher by over half a per cent on Friday following buying in IT, financials and metal shares on easing inflation worries.
The 30-share BSE Sensex rose by 303.15 points or 0.51 per cent to settle at 60,261.18. During the day, it jumped 460.23 points or 0.76 per cent to 60,418.26.
The broader NSE Nifty rose by 98.40 points or 0.55 per cent to end at 17,956.60.