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Nifty, Sensex rise over 1% as financials lead surge
- By Reuters |
- bigstories
BENGALURU - Indian stocks jumped more than 1% on Thursday, driven by a surge in financials for a second day as some investors found value in beaten-down banking stocks, while a broadly positive global mood also helped the rally. The NSE Nifty 50 index rose 1.25% to 9,431 by 0516 GMT, while the S&P BSE Sensex gained 1.18% to 31,973. On Wednesday, Indian shares ended over 3% higher, fuelled by a more than 7% surge in the banking index. "The banking stocks have been a major underperformer and drag in the Indian ma...
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Will Nifty slip 6900 levels?
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