Market posted strong gains, most of Adani Group stocks recover
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
The day began on a positive note as the Indian equity benchmarks rose marginally in early trade on Friday.
At 9.46 a.m., Sensex was 0.3 per cent up at 57,668 points, whereas Nifty was 0.1 per cent up at 17,263 points.
Even though the indices are in the green, analysts expect volatility to continue in Dalal Street.
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Investors’ preference is shifting to safe-haven assets due to volatility in the equity market and besides the global uncertainties indicated by rising US dollar index, Vinod Nair, Head of Research at Geojit Financial Services.
(Agency inputs)
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