Fri, Mar 03, 2023
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 staged a strong show on Friday backed by buyng across sectors, with financial, oil & gas and IT shares being at the forefront of the rally. The Indian share market took positive cues from its major peers globally amid growing investor optimism about slower hikes in benchmark interest rates, after a Fed official said he favoured "slow and steady" increases. The Sensex ended 899.6 points or 1.5 per cent higher at 59,809 and the Nifty50 settled at 17,594.4, up 272.5 points or 1.6 per cent from its previous close.
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