The BSE Sensex closed at 57,426.92, up 1.8%. The Nifty advanced 1.6% to end at 17,094.35. The index closed above its 200-day moving average (DMA), a key long-term trend indicator, of 16,982. Shares of lenders and other rate-sensitive stocks led the rebound with the Nifty Bank index jumping 2.6%.
Vedanta shares slide 10% amid global selloff, fears of growth in metals sector
As exporters from countries such as Vietnam, South Korea, and Japan shift their focus to alternative markets like India and the Middle East, Indian manufacturers