Mumbai, April 8 -- The headline equity benchmarks ended with robust gains today, snapping a three-days declining streak. The Nifty ended above the 22,500 level. Despite global recession fears, potential US tariffs on Indian goods, and heavy selling in key stocks ahead of earnings season, Indian markets remained resilient. Investor optimism stems from expectations that India will face minimal impact amid global trade tensions.
All the sectoral indices on NSE ended in the green with media, PSU Bank and consumer durables shares gaining the most.
As per provisional closing, the barometer index, the S&P BSE Sensex, soared 1,089.18 points or 1.49% to 74,227.08. The Nifty 50 index climbed 374.25 points or 1.69%, to 22,535.85.
The broader mark...
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