Mumbai: The Indian stock market has registered a recovery today after a steep fall on Thursday. On Friday, the last trading day of the week, the Sensex has crossed 37,000 points, more than 450 points. The nifty is at a level of 10,950 points with a strength of 150 points.
In the initial trade, shares in the IT sector have appeared in the role of top gainer. Shares of TCS and HCL were trading at around 3 per cent. Infosys also reported a 2 per cent recovery. In addition, Tech Mahindra shares have strengthened by nearly one per cent. The rupee strengthened 16 paise, to 73.73 per dollar in early trade on Friday, amid positive trend of stock markets and strength in other Asian currencies.
The rupee has registered further strength after the interbank foreign exchange market opened at 73.76 per dollar. It was trading at 73.73 per dollar with a strength of 16 paise compared to the previous close. On Thursday, the rupee fell 32 paise, to close at a nearly one-month low of 73.89 per dollar.
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