Nifty, Sensex snap losing streak; all eyes on Nirmala Sitharaman's press meet [Reuters]
Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL)
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Source: Reuters
Nifty, Sensex snap losing streak; all eyes on Nirmala Sitharaman's press meet - Reuters 2 Min Read BENGALURU (Reuters) - Indian shares rebounded to end higher on Friday, after three sessions of declines, as investors awaited an official announcement later in the day amid expectations of a fiscal stimulus to revive growth in Asia’s third-largest economy. The broader NSE Nifty closed up 0.82% at 10,829.35, while the benchmark BSE Sensex ended 0.63% higher at 36,701.16. The NSE Nifty closed 1.98% lower for the week, as trading was dominated by global economic slowdown worries as well as investor concerns about India’s fiscal stimulus. Markets had a volatile session on Friday as investors parsed through a series of headlines relating to a possible economic stimulus, but turned higher after news that Finance Minister Nirmala Sitharaman would hold a press conference at 1130 GMT later in the day. The Nifty Media index rose 4.4%, gaining the most among the 14 sectoral indexes. Shares of miner
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