The Indian stock market has been on a volatile path recently, seeking direction amid heightened uncertainty over the US economy’s trajectory, a fluctuating dollar, and mixed March quarter earnings.
A day after crashing over 600 points, the domestic equity benchmark, Sensex, jumped nearly 700 points in intraday trade on Friday, May 23. The NSE counterpart also witnessed smart gains of almost 1 per cent to reclaim the 24,800 level. The broader segment of the market also witnessed buying as the BSE Midcap and Smallcap indices rose about half a per cent during the session.
(This is a developing story. Please check back for fresh updates.)
