Markets rebound on global cues and rupee recovery
pre-market1 source ↓written by the desknot a recommendation
- to close
- 84,929.36
- to settle
- 25,966.40
- against the dollar
- 89.60
- Shriram Finance surged
- 4.10%
- ₹905.10
Markets rebounded sharply on Friday, with the BSE Sensex up 447.55 points to close at 84,929.36. The Nifty gained 150.85 points to settle at 25,966.40, ending a four-day losing streak. This rally was driven by optimism over potential monetary easing by the US Federal Reserve and a rupee recovery to 89.60 against the dollar, supported by RBI intervention.
• Top gainer: Shriram Finance surged 4.10% to ₹905.10.
• Max Healthcare rose 2.62% to ₹1,076.00.
Near-term direction will depend on RBI meeting minutes and FII flows.
Not investment advice. For informational purposes only.