Market rebounds on easing crude, firming rupee; HCL Tech cracks 6 pc
The BSE benchmark Sensex rebounded over 200 points to 35,540.49 Friday on fall in global crude oil prices and strengthening rupee against the US dollar.Investors also took positive cues from Asian equities after US Fed Chairman Jerome Powell signalled that the three-year tightening cycle was drawing to a close, and IMF chief Christine Lagarde said that the US was not likely to see an economic contraction in the near term.The rupee appreciated by 46 paise to 70.44 against the US dollar in early trade amid weakness in the greenback against…
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