New Delhi, Feb. 20 -- The stock market on Friday staged a strong rebound with the Nifty closing above 25,550. The market was supported by broad-based buying across sectors, except IT stocks.
At close, the Sensex was up 316.57 points or 0.38% at 82,814.71, and the Nifty was up 116.90 points or 0.46% at 25,571.25.
The Nifty Midcap index gained 0.5%, whereas the Smallcap index closed slightly in the red. The overall market capitalisation of BSE-listed firms rose to Rs 467 lakh crore from Rs 465 lakh crore in the previous session.
Among the sectors, most of the indices ended in the green except IT and media. Sectors like power, metal, capital goods, and PSU Bank were up 1-2%.
On Nifty, the major gainers were Hindalco Industries, NTPC, SBI L...