Kolkata: Both Sensex and Nifty rebounded sharply — and by a massive close-to 2% on February 4 — which was in line with a broad recovery in Asian stock market indices after US President Donald Trump pushed back erecting tariff walls on Mexico and Canada for a month. At close of trade the 30-share BSE Sensex leaped 1,397.07 points or 1.81%, to close at 78,583.81 points, which was the highest in a month. Nifty rose by 378.20 points or 1.62 per cent to reach 23,739.25, a level not seen since January 3.

Of the Sensex blue-chip basket Larsen & Toubro gained nearly 5% and Tata Motors, Adani Ports, IndusInd Bank, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. Among the losers featured ITC Hotels, Zomato, Nestle and Maruti. From the morning in Asian markets,........

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