Erasing all its early losses, the 30-share BSE Sensex climbed 268.58 points to 82,613.26. The 50-share
Stock Markets Bounce Back After Early Losses; Larsen Major Driver
Benchmark equity indices Sensex and Nifty bounced back during the late afternoon trade on Thursday and were trading higher, helped by a rally in blue-chip Larsen & Toubro and the Economic Survey projecting the GDP growth in the range of 6.8–7.2% for the next fiscal year on the back of the cumulative impact of reforms.
From the 30 Sensex firms, Larsen & Toubro jumped over 4% after its consolidated revenue from operations in the October–December quarter rose by 10% to ₹71,450crore from ₹64,668crore in the year-ago period.nt
The Economic Survey 2025-26 on Thursday projected the GDP growth in the range of 6.8–7.2% for the next fiscal year on the back of the cumulative impact of reforms, and said the economy remains on a stable footing.
The ongoing negotiations for a trade agreement with the US are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to the Economic Survey.