The stock markets today reversed a two-day losing streak as traders rushed to pick bargains in the last 30 minutes of trading after news of a special court exonerating Deputy Prime Minister LK Advani in the Babri masjid demolition case.
The rupee also ended its three-day losing streak and bond prices perked up, pushing down yields.
In highly volatile trading, the Bombay Stock Exchange (BSE) Sensex moved more than 127 points today. The Sensex closed at 4,217.12, with a 2.01 per cent (82.97 points) gain over Thursday's close, thus recovering most of Thursday