Sensex Rallies Over 1,000 Points To Above The 58,000 Mark, But Risks Remain

Domestic equity benchmarks rallied sharply on Friday, reflecting a rise in Asian bourses after Wall Street stocks overnight made a remarkable comeback and closed significantly higher after a deep sell-off earlier in an extremely volatile session.

The BSE Sensex index jumped 1,087.14 points to 58,322.47 in early trade, and the broader NSE Nifty climbed 317.3 points to 17,331.65.

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