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Nifty, Sensex rebound to jump 3%; banks, pharma stocks rally
- By Reuters |
- bigstories
BENGALURU - Indian stocks clawed back early losses to jump more than 3% on Wednesday, as hopes of a phased lifting of an ongoing country-wide lockdown aided investor sentiment. Earlier in the session, the NSE Nifty 50 index and the S&P BSE Sensex slipped more than 1.5% each. The Nifty was up 3.4% at 9,098.30, as of 0508 GMT, while the Sensex was up 3.2% at 31,119.25. "Hopes of the lockdown lifting in a staggered way post April 14 is fuelling the markets," said Amit Kumar Gupta, portfolio manager, Adroit Financi...
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Will Nifty slip 6900 levels?
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