Indian stock market: The Indian stock market bounced back with solid gains on Friday, February 20, after posting sharp losses of more than 1% each in the previous session.
The 30-share Sensex rose 317 points, or 0.38%, to close at 82,814.71, while the Nifty 50 advanced 117 points, or 0.46%, to settle at 25,571.25. Broader markets showed mixed trends, with the BSE 150 MidCap Index gaining 0.44%, whereas the BSE 250 SmallCap Index declined 0.19%.
“Markets ended the week with modest gains, supported by value buying in fundamentally strong stocks that had recently corrected, despite mixed global cues. Sentiment remained positive during the first three sessions; however, heightened volatility in the final sessions turned participants cautious. Ultimately, the benchmark indices Nifty and Sensex settled at 25,571.25 and 61,172, respectively,” said Ajit Mishra – SVP, Research, Religare Broking Ltd.
(This is a developing story)
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
