Indian equity markets recovered sharply on April 22 on the back of positive global cues and deal between Reliance Jio and Facebook amid a gloomy economic environment.
The Sensex closed with a 743 points, or 2.42 percent, gain at 31,379.55 and the Nifty settled 206 points, or 2.29 percent, higher at 9,187.30.
Nifty Bank closed 1.51 percent higher at 19,701.85. The important pivot level, which will act as crucial support for the index, is placed at 19,233.7, followed by 18,765.6. On the upside, key resistance levels are placed at 19,988.1 and 20,274.4.
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