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On the domestic equity market front, the BSE Sensex was trading 277.80 points or 0.56 per cent higher at 50,069.92.
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Bajaj Fiserv was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank and Axis Bank.
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The past week saw the benchmark indices Sensex and Nifty hitting record levels on a daily basis, buoyed by positive global trends and news around rollout of coronavirus vaccination.
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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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Sensex rose 361.93 points or 0.77 per cent to touch an all-time high of 47,335.47 in morning trade; and the broader NSE Nifty climbed 110.55 points
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The new has caused global anxiety with several countries suspending flight services to the UK, where it was discovered.
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Around 10.25 a.m., Sensex was trading at 46,206.80, higher by 200.11 points or 0.43 per cent from its previous close of 46,006.69.
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The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.21 per cent at 90.01.
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ONGC was the top laggard in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, HDFC twins, Bajaj Finance and Kotak Bank.
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UltraTech Cement was the top gainer in the Sensex pack, rising around 1 per cent, followed by Sun Pharma, IndusInd Bank, Reliance Industries and HDFC.
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 90.44.
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In the Sensex pack, Mahindra and Mahindra, Asian Paints, Tata Steel, Bajaj Finance, ONGC and HDFC were the prominent gainers.
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Axis Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by ONGC, M&M, ICICI Bank, Asian Paints, SBI, HUL, L&T, Titan, Infosys and TCS.
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ONGC was the top gainer in the Sensex pack, rallying around 3 per cent, followed by Tata Steel, L&T, Sun Pharma, M&M, ICICI Bank and NTPC.
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On Thursday, the rupee snapped its two-day winning streak to close 9 paise lower at 73.66 against the US dollar.
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ONGC was the top gainer in the Sensex pack, rallying around 6 per cent, followed by SBI, NTPC, Bajaj Finance, Tata Steel, Bajaj Finserv, HDFC and Reliance Industries.
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The 30-share BSE index was trading 254.72 points or 0.55 per cent lower at 45,848.78.
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ITC was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC, TCS, Sun Pharma, Asian Paints, HCL Tech, Bajaj Finserv and NTPC.
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.07 per cent to 90.85.