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Sensex rebounds over 800 points as global risk sentiment improves
Indian markets staged a strong rebound as the Sensex and Nifty gained over one percent, supported by global cues, short covering, and heavyweight stock buying.
Indian equity benchmarks surged sharply, with the Sensex climbing 847 points to close at 72,568, while the Nifty gained 247 points to settle at 21,894. The rally was driven by easing global risk aversion, buying in heavyweight financial and IT stocks, and optimism around progress in international trade negotiations.