Dalal Street Comeback: Sensex Recovers 300 Points, Nifty Crosses 23,100 After Crash
Indian stock markets witnessed a strong recovery attempt on Friday as Sensex bounced back nearly 300 points from the day’s low and Nifty moved above the 23,100 mark. Value buying in beaten-down stocks supported the rebound, but high crude oil prices, global bond yields and foreign investor selling continued to keep Dalal Street under pressure.