Mumbai, April 17 -- The domestic stock markets recovered from a weak start on Friday and closed higher, supported by improving geopolitical sentiment and a return of foreign institutional investor (FII) inflows.
The NSE Nifty 50 index ended at 24,353.55, gaining 156.80 points or 0.65 per cent, while the BSE Sensex closed at 78,493.54, up by 504.86 points or 0.65 per cent.
Market experts said the positive momentum was driven by easing tensions in West Asia and a reversal in FII flows into net buying territory.
Vinod Nair, Head of Research at Geojit Investments Limited, "The domestic market closed the day higher, supported by improving prospects of a Middle East resolution and a reversal in FII flows into net buying. A ceasefire between ...
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