 "markets")
The equity markets recovered Thursday’s losses with an across-the-board buying on Friday. The benchmark indices posted their biggest single-day gain in over two years as the spurt in the rupee and the drop in global oil prices improved investor sentiment. Despite another sharp cut in US equities overnight, most markets rebounded globally, as a retreat in bond yields and the dollar helped trigger risk-on bets.
The benchmark Sensex rose 2.15 per cent, or 732 points, to end at 34,734, while the benchmark Nifty50 gained 2.32 per cent to 10,473. It was the biggest gain for both the indices since May 25,
