02
Feb
Indian stock markets witnessed a strong recovery in Friday's session, rebounding from losses on Budget day. The surge came after the central government signaled its commitment to fiscal consolidation despite impending general elections. Positive cues from Asian markets also contributed to the upward movement. At the opening bell, the Sensex rose by 543.80 points (0.76%), reaching 72,189.10 points, while the Nifty increased by 170.50 points (0.79%) to 21,867.95 points. Among the Nifty 50 companies, 42 advanced, while the remaining 8 declined. The government's fiscal deficit targets for the upcoming years were well-received by investors, and relief came as no additional…
