Sensex Rebounds 1,329 Points Tracking Global Markets, Nifty Settles Above 16,650

INSUBCONTINENT EXCLUSIVE:
On BSE, the overall market breadth stood strong as 2,643 shares advanced while 726 declined.New Delhi: The Indian equity indices rebounded
on Friday finished higher after falling for seven straight sessions led by gains across all sectors
The benchmark BSE Sensex jumped 1,329 points or 2.44 per cent to close at 55,859; while the broader NSE Nifty moved 410 points or 2.53 per
cent higher to settle at 16,658
Both the indexes had plunged sharply in the previous session, marking their worst fall in over a year.Investor sentiment turned
Ukraine.Investors' wealth zoomed 7.76 lakh crore in a sharp rise on Dalal Street today, with the market capitalisation (m-cap) of BSE-listed
companies rising to Rs 250 lakh crore from Thursday's Rs 242.24 lakh crore mark.Mid- and small-cap shares finished on a positive note as
Nifty Midcap 100 index dived 4.18 per cent and small-cap shares shed 4.84 per cent.All of the 15 sector gauges -- compiled by the National
Stock Exchange -- settled in the green
Nifty Metal and Nifty PSU Bank outperformed the index by rising as much as 5.74 per cent and 4.69 per cent, respectively.On the
stock-specific front, Coal India was the top Nifty gainer as the stock soared 8.87 per cent to Rs 163.30
Tata Motors, Tata Steel, Adani Ports and IndusInd Bank were also among the gainers.On BSE, the overall market breadth stood strong as 2,643
shares advanced while 726 declined.Tata Steel, IndusInd Bank, Bajaj Finance, NTPC, Tech Mahindra and Kotak Mahindra Bank were the major
gainers on the 30-share BSE index
In contrast, Nestle India settled in the red.