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Nifty, Sensex recoup half of Thursday's losses: Factors at play

Global equity markets came under severe pressure on February 23 after Russia announced military actions in Ukraine.

Mumbai / February 25, 2022 / 11:56 AM IST

After the worst day in nearly two years for the domestic stock market on February 24, benchmark indices managed to recoup half of the losses in today’s session.

The Nifty 50 index rose 2.5 percent, or 413.8 points, at 16,661.8 while the BSE-Sensex climbed to 55,860, up 1,330 points or 2.5 percent.

Global equity markets came under severe pressure on February 23 after Russia announced military actions in Ukraine. Russia’s actions triggered sharp risk aversion in global equities and led to surge in global commodity prices, especially crude oil.

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