New Delhi, Aug. 4 -- Indian equities staged a strong recovery in Monday's trade, August 4, following a sharp sell-off in the previous session. The rally was led by metals, financials, and auto stocks, while tech stocks also participated in the rebound after facing downward pressure last week amid weak earnings, escalating global trade tensions and weak U.S. economic data.
The Nifty 50 finished the session with a gain of 0.64% at 24,722, while the Sensex closed at 81,018, up 0.55% compared to the previous session. The rally brought relief to the bulls as both indices had ended the last five weeks lower, marking the longest weekly losing streak in two years.
Broader markets also closed higher, with the Nifty Midcap 100 and Nifty Smallcap ...
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