Markets ended on a positive note this Friday with benchmark index Sensex surging over 200 points on back of recovery in rupee that gained nearly 50 paise against the US dollar.
India's efforts to curb imports, improve exports and attract greater remittances may help it almost fully fund its Current Account Deficit this fiscal, and also help the rupee recover to 61-level against the US dollar in the next 6-12 months, a Barclays report said on Friday.
The 30-share Sensex ended up 203.97 points to trade at 18,516.91 and the 50-share Nifty rose 63.30 points at 5,471.75 levels.
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