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The 30-share BSE benchmark Sensex tanked 567.62 points to 74,743.44 in early trade
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The 30-share BSE benchmark Sensex jumped 422.62 points to 78,387.61 in early trade and NSE Nifty climbed 160.2 points to 23,776.25.
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The BSE benchmark Sensex gained 230.02 points, or 0.29%, closing at 80,234.08. It had earlier surged by 507.09 points, or 0.63%, to reach 80,511.15 during the day. The NSE Nifty rose by 80.40 points, or 0.33%, ending at 24,274.90. Among the 30 Sensex stocks, Adani Ports saw a 6% rise, while other gainers included NTPC, HDFC Bank, Bajaj Finance, Maruti, and Axis Bank.
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The market capitalisation of BSE-listed companies zoomed Rs 6,44,760.45 crore to Rs 2,13,28,658.05 crore in four trading days starting May 5
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The Sensex and the Nifty continued their upward journey for the third straight session on Wednesday, as the BSE benchmark surged nearly 1,148 points.
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The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance
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The 30-share Sensex was trading 929.54 points or 2.01 per cent higher at 47,215.31; and the broader Nifty surged 260.05 points or 1.91 per cent at 13,894.65.
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Vinod Nair, Head of Research at Geojit Financial Services stated that Indian markets witnessed a highly volatile trade due to weak global market and reports of Indo-China border tension.
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On Wednesday, the rupee had settled at 73.11 against the American currency.
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Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers
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Sensex settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75
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Traders said the domestic unit is weak tracking tepid cued from most regional currencies on concerns that a infectious new coronavirus strain could slow down the prospects of a global economic recovery.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.41 per cent to 93.31.
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The newly-constituted MPC of the Reserve Bank began its three-day deliberations on Wednesday. The decision of the rate-setting panel will be announced on October 9.
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Dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent down at 93.39.
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The Indian currency opened at 73.16 at the interbank forex market and touched an intra-day high of 73.08 and a low of 73.41 against the greenback.