Benchmark equity indices rebounded sharply on Friday, with the Sensex climbing 2.54 per cent to reclaim the 79,000 level, driven by acrossthe-board rally and value buying at lower levels.
Strong buying by domestic institutional investors and a firm trend in the US markets also bolstered market sentiment, traders said.
The BSE benchmark Sensex jumped 1,961.32 points or 2.54 per cent to settle at 79,117.11. During the day, it surged 2,062.4 points or 2.67 per cent to 79,218.19.
A total of 2,446 stocks advanced, while 1,475 declined and 120 remained unchanged on the BSE.
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