Sensex, Nifty rebound on buying in IT stocks, positive macro data | Business News

From Indian Express Group:

The Sensex soared 335 points, Nifty closed above 22,100 thanks to IT and metal stocks rebounding. Sensex closed at 73,097.28, Nifty at 22,146.65. Major gainers included HCL Technologies, Infosys, Wipro, while laggards included Axis Bank, Tata Steel. Wholesale inflation dropped to 0.2% in February. Fitch Ratings raised India’s growth forecast to 7%. FIIs sold equities worth Rs 4,595.06 crore. Asian markets closed mixed, European markets mostly green, US markets mixed. Sensex tanked on Wednesday. Brent crude at USD 84.67/barrel.



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