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Markets rebound: Nifty jumps 288.65 points to close at 22,520.45

The Nifty 50 closed at 22,520.45 after gaining 288.65 points, with the Nifty IT index up 3%.
Markets rebound: Nifty jumps 288.65 points to close at 22,520.45
Representative image
  • Nifty 50 rose 288.65 points to close at 22,520.45
  • Sensex gained 879.09 points
  • Nifty IT index rose 3%

Indian equity markets staged a strong recovery on Friday, with both the BSE Sensex and the Nifty 50 posting sharp gains. The Nifty 50 closed at 22,520.45, up 288.65 points.

The Sensex jumped 879.09 points. The Nifty IT index rose 3%, pointing to upbeat sentiment in the market.

Of 3,684 stocks traded, 2,182 closed higher. Investors appeared keen to pick up stocks at lower prices.

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