Nifty and Sensex Rebound as Oil Prices Ease on Friday
Indian benchmark indices rose 1.1% on Friday as falling oil prices provided relief to investors. This follows the market's worst daily performance since 2024.
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Xurve View
Equity markets in India staged a recovery on Friday morning, rebounding from a significant sell-off in the previous session. The Nifty 50 index climbed 1.1% to reach 23,457.05, while the BSE Sensex advanced 1.14% to 75,085.78 shortly after the opening bell. This upward movement follows a 3.3% decline on Thursday, which marked the sharpest daily drop for the benchmarks since June 2024.
