Gains in auto and metal stocks helped shares rebound on Friday after their worst session in nearly three months, with strength in broader Asian markets underpinning the positive sentiment. The NSE Nifty 50 index was up 1.9 per cent at 16,110.30 and the S&P BSE Sensex rose 1.37 per cent to 53,515.97 in the early trade. Both the indexes fell over 2 per cent on Thursday on inflation jitters, but were set to end a five-week losing streak. All 50 stocks on the Nifty 50 index were trading higher. Nifty's auto index and metal index were up 2.5 per cent and 3.4 per cent, respectively.

Source: The Hindu May 20, 2022 12:21 UTC