Sensex regains footing, rallies 411 pts as bank stocks spurt
Markets snapped their three-day downward spiral to finish with smart gains on Friday as banking, finance and energy stocks saw robust buying amid supportive global cues. The 30-share BSE Sensex ended 411.38 points, or 1 per cent, higher at 41,575.14. It hit an intra-day high of 41,611.27.Similarly, the broader NSE Nifty closed 119.25 points, or 0.98 per cent, up at 12,245.80.During the holiday-shortened week, Sensex declined 106.4 points or 0.25 per cent, while Nifty slipped 26 points or 0.21 per cent.According to traders, banking stocks rallied ahead of Finance Minister…
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