Indian markets made a strong rebound on Wednesday as recovery in the domestic economy boosted investor confidence. However, the risks of omicron covid variant stays while the Fed’s signal of tighter monetary policy ahead to tackle economic risks from elevated inflation may drain FII money out of India. The BSE Sensex ended at 57,684.79, up 619.92 points or 1.09%. The Nifty was at 17,166.90, up 183.70 points or 1.08%.
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