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Sensex, Nifty end higher as gains in financials offset Moody's rating cut
- By Reuters |
- bigstories
BENGALURU - Indian shares ended higher on Tuesday for a fifth straight session as a rally in financial stocks and positive broader markets helped offset the impact of a ratings cut by Moody's. The NSE Nifty 50 index ended up 1.56% at 9,979.10, while the S&P BSE Sensex rose 1.57% to 33,825. The indexes had risen more than 2% on Monday. "Liquidity is driving the markets and we have seen institutional buying happening for the past few days. That has also caused some of the short positions to get covered, leading t...
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Will Nifty slip 6900 levels?
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