Investors slept off nervous with the US market witnessing the worst intraday falls since March 2020 but woke up with both S&P500 and NASDAQ in the green. This was a massive comeback which led to a positive finish.

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US yields were weaker throughout the session but to close, they perked up. The dollar outperformed. There has been a slight pullback in expectations of hawkish Fed. Oil prices were down about 1 percent to $87 per barrels.

Watch the accompanying video of CNBC-TV18’s Prashant Nair for more details.

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