MUMBAI : Indian stock markets recovered 1,500 points or nearly 5% on Friday to end higher after a jittery start in early trade.Led by a strong recovery in banks and financial stocks, the benchmark indices closed around 1% higher.
The Sensex ended at 33,780.89, up 242.52 points or 0.72%.The Nifty closed at 9,972.90, up 70.90 points or 0.72%.The Sensex had touched a intraday low of 32,348.1 points, while Nifty hit a low of 9,544.35, before witnessing the recovery.The Indian stock markets had started trading on Friday morning on a bad note, facing severe sell-off pressure, as investors reacted to the weakness in global markets over growing concerns that a second wave of coronavirus infections may derail the pace of re-opening of economies post.