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Nifty, Sensex stumble after five-day rally as virus fears take hold
- By Reuters |
- bigstories
BENGALURU - Indian shares stumbled on Wednesday after a five-day rally, as surging coronavirus infections weakened hopes of a swift economic recovery from the pandemic. India, the third most affected country by the virus, reported 22,752 new cases as of Wednesday morning, taking the total to 742,417, and death toll to 20,642, health ministry data showed. After trading in a narrow range for most of the day, the NSE Nifty 50 index closed down 0.87% at 10,705.75, while the benchmark S&P BSE Sensex slipped 0.94% ...
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OPINION POLL
Is BULLS parade ON in NIFTY? Will it touch 10,700 levels in the first session of the JULY series?
- Yes
- No
- Can't Say
