Indian equity markets rebounded sharply connected Friday, with benchmark indices recouping losses from their steepest driblet successful astir 2 months. The Sensex surged implicit 800 points to commercialized astatine 79,843, portion the Nifty roseate past 24,150, reflecting beardown buying sentiment crossed sectors.
The pharma assemblage emerged arsenic a cardinal driver, with the Nifty Pharma scale climbing 2 percent, buoyed by gains successful Sun Pharma and Cipla. Media stocks besides contributed to the uptick, helping markets enactment resilient amid planetary uncertainties.
Key marketplace highlights
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Enviro Infra Engineers debuted with a 49 percent premium implicit its IPO price, marking a beardown listing.
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Suraksha Diagnostic IPO opened for subscription, drafting attraction from investors.
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Easy Trip Planners soared 12 percent arsenic the banal traded 1:1 ex-bonus today.
The market's betterment underscores optimism up of the monthly derivatives expiry. Broader indices besides performed well, with advances outpacing declines, signalling robust information crossed sectors.