Stock Markets Rebound Amid Positive Asian Trends

Equity benchmark indices on Friday recovered earlier losses, with strong trading in IT stocks and positive trends in Asian markets. The BSE Sensex surged by 726.16 points, and the NSE Nifty gained 203.3 points. Key gainers included Infosys and Tech Mahindra, while Nestle and Bajaj Finance lagged.

In a notable recovery, equity benchmark indices witnessed a strong rebound on Friday afternoon, driven by buying interest in IT stocks and encouraging trends from Asian markets.

The BSE Sensex significantly climbed 726.16 points, reaching 83,223.26, while the NSE Nifty increased by 203.3 points to stand at 25,453.40.

Leading the gains were companies like Infosys, Tech Mahindra, and JSW Steel, whereas Nestle and Bajaj Finance were among the underperformers. Despite the US markets' decline on Thursday, Asian markets, including Seoul and Tokyo, showed positive movement.

(With inputs from agencies.)