News > Sensex, Nifty bounce back to end losing streak

Sensex, Nifty bounce back to end losing streak

Sensex pares losses to close 300 points higher above the 59,000 mark after a turbulent start, to end its losing streak despite global apprehension before the US Federal Reserve’s meeting.

Nifty also made marginal gains to close higher at 17,622 points, thanks to FMCG, auto and finance stocks performing well. Banking and IT stocks also helped indices bounce back later in the day, after being bogged down initially by weak global cues.