The Indian markets witnessed a decent recovery amid volatility and both the benchmark indices – Sensex and Nifty50 – gained over 2 per cent, taking a breather after 4 weeks of slide.
Besides, the results of state elections, specifically Bhartiya Janata Party winning 4 of 5 assembly polls, also boosted sentiment in the final sessions.
FOMC meeting, macro numbers and Russia-Ukraine issue will be key global factors to watch next week for domestic markets along with some important corporate action in holiday shortened week.