Sensex surges 385.84 points, Nifty above 10,700; rupee rebounds

Representational Image

The 30-share BSE Sensex closed 385.84 points higher at 35,423.48 on Friday while the broader Nifty50 ended 125.20 points up at 10,714.30 breaking a two-day losing streak.

The 1% surge on Friday was on the back rupee’s recovery against the US dollar, after it hit an all-time low in the previous session.

Asian markets were mixed. Oil prices fell amid concerns about trade frictions between US and other major economies.

Click here for Latest News updates and viral videos on our AI-powered smart news genie

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here