Markets Rebound

According to Ravi Singh, Vice President and Head of Research, Share India, the hopes for further Russia Ukraine talks has calmed down the panic selling in the broader indices for a while.

The 60,000 mark is proving to be a volatile level for the Sensex. On the other hand, the Nifty50 index came within striking distance of the 18,000-mark in the preceding two trading sessions

The selling was far less intense in India with foreign portfolio investors (FPIs) offloading shares worth only $400 million

The correction in the broader market has hurt investor sentiment. While there are challenges, Anoop Bhaskar, head of equity at IDFC Mutual Fund, tells Jash Kriplani

Despite weak global cues, the market traded positive through the day, as calm returned after a week and volatility subsided

Sensex rallies 346 points, while Nifty gains 97 points