Sensex, Nifty stage strong comeback amid easing inflation
MUMBAI [Maha Media]: Benchmark indices Sensex and Nifty ended sharply higher on Friday amid heavy buying in telecommunication stocks and encouraging domestic inflation data.
After falling 1,207.14 points in morning trade, the 30-share BSE benchmark Sensex recovered all the lost ground later and jumped 843.16 points or 1.04 per cent to settle at 82,133.12. During the day, it surged 923.96 points or 1.13 per cent to 82,213.92.
The NSE Nifty climbed 219.60 points or 0.89 per cent to settle at 24,768.30 after falling 367.9 points in intra-day trade.