MUMBAI: The stock market snapped its seven-day losing run with key indices rebounding almost 1% on Thursday but optimism remained thin on the ground on worries the global bond market woes are far from over. The Nifty rose 100.15 points, or 0.96%, to close at 10,576.85. Pharma and bank shares led the rebound. "US government bond yields rose to near-four-year highs on Thursday. Yields on UK government bonds also rose to a three-year high after the Bank of England's hawkish remark on interest rates.

Source: Economic Times February 09, 2018 01:18 UTC