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Indian benchmark equity indices broke their three-day winning streak on Friday after a fresh bout of bond volatility rattled the equity markets.
After opening higher, the indices fell before recovering some losses in the last hour of trade.
The benchmark Sensex ended the session at 50,792, a decline of 487 points or 0.95 per cent. The Nifty, on the other hand, ended Friday’s session at 15,031, a fall of 144 points or 0.95 per cent.
Bond yields rose, hitting US stock futures, after US President Joe Biden said the country aims to make vaccination available to every adult by the start of May.
