BusinessPhoto: Deccan HeraldSensex and Nifty Rise Sharply Led by IT Stocks and Lower Oil Prices
Mumbai's stock markets rebounded sharply on Thursday morning, with the BSE Sensex rising 354 points to 73,157.43 and the NSE Nifty gaining 96.15 points to 22,726.05. Gains were led by IT firms like Tata Consultancy Services, Tech Mahindra, and Infosys, while crude oil prices eased, with Brent crude falling 1.60% to USD 104.4 per barrel. Concerns over US inflation and potential Fed rate hikes caused selling pressure in US and Asian markets.
Deccan Herald··Mumbai



