Shah said that defying global volatility, the equity benchmark staged a strong recovery, supported by easing crude oil prices and a strengthening rupee and ended the week on a positive note at 24,383, gaining 2.6 per cent. The broader market moved in line with the benchmark, rising 2 per cent during the week. He said the beaten-down IT index witnessed a strong rebound, supported by traction in the Auto and Pharma indices. Meanwhile, the Energy index extended its breather for the second consecutive week.
