Indian Stock Markets Recover From Early Losses As Benchmark Indices Bounce Back Strongly

Indian benchmark equity indices <b>Sensex and Nifty</b> pared their sharp early losses on Friday, with the Sensex recovering nearly 500 points from the day's low and the Nifty moving back above the 25,200 mark. According to officials, the market recovery was aided by sustained buying from <b>foreign institutional investors</b> and a decline in crude oil prices. Earlier in the session, indices had opened lower due to selling pressure, dragging the Sensex down to an intraday low before buying emerged at lower levels to support the broader market sentiment.