Indian benchmark indices Sensex and Nifty rebounded strongly on Friday, snapping a three-day losing streak, led by gains in financials after the Reserve Bank of India (RBI) relaxed provisioning norms for project financing. However, escalating tensions in the Middle East could limit further upside.
The BSE Sensex surged up to 800 points to break above the 82,100 mark, while the Nifty50 reclaimed the 25,000 level.
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