Stock Market Today: Sensex Settles 843 Points Up, Nifty Close Over 24,760
ABP NewsThe Sensex and Nifty made a strong recovery on Friday, ending higher after rebounding from initial losses of over 1 per cent at the open. At the close, the Sensex rose by 843 points, or 1 per cent, to 82,133, while the Nifty gained 219 points, or 0.9 per cent, to 24,768. Sectorial Update Sector-wise, financial services led the recovery, with the Nifty Bank and Nifty Private Bank indices rising by 0.8 per cent, driven by gains in ICICI Bank, HDFC Bank, and Kotak Mahindra. Meanwhile, although recovering from its lows, the Nifty Metal index ended 0.7 per cent lower due to concerns over the strength of the US dollar and uncertain stimulus measures from China. While India's Consumer Price Index inflation eased to 5.48 per cent in November from 6.21 per cent in October, concerns about persistently high food prices remain.