New Delhi - Indian equities climbed over 4 per cent in morning trade on Friday, recovering some losses from trading sessions in the last few days. The 30-share Sensex of the Bombay Stock Exchange, which has fallen more than 2,000 points over the last seven trading sessions, gained 358.43 points to 8,810 levels, up 4.24 per cent at 11:50 am (0620 GMT).
All sectoral indices on the barometer index recorded gains. Similarly, the broader 50-share Nifty index of the National Stock Exchange rose by 105.75 points to 2,658.90, or an increase of 4.14 per cent.
Marketmen said the trading sentiment turned positive after government data showed the country's inflation declined by 0.08 per cent to 8.90 per cent during the week ending November 8.
The Indian bourses bucked the trend as Asian markets registered losses following the weakness in the US markets where the Dow Jones Industrial Average fell by 5.56 per cent on Thursday.
Meanwhile, the Indian rupee depreciated by another 30 paise to 50.50 against the dollar in early trade on strong demand for the US currency from importers.
