Brief by Shorts91 Newsdesk / 07:44am on 16 Aug 2024,Friday Business
The S&P BSE Sensex surged by 1,023.08 points, closing at 80,128.96, while the Nifty50 climbed 295.55 points to end at 24,439.30 in a robust market rally on Friday. The surge came as global markets reacted positively to U.S. jobs and spending data, which alleviated concerns over a potential recession. This rally marked a significant boost for the benchmark indices, reflecting investor optimism. The strong performance was driven by gains across sectors, with heavyweights contributing to the upward momentum. This rally follows a trend of improving global economic data, supporting market sentiment.
