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BSE Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime high of 47,868.98
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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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Around 10.30 a.m., Sensex was trading at 46,867.57, higher by 423.39 points or 0.91 per cent from its previous close of 46,444.18.
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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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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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Meanwhile, the global oil benchmark Brent crude futures were trading 0.45 per cent lower at USD 50.68 per barrel.
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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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In the previous session, the rupee strengthened by 3 paise to close at 73.56 against the US dollar.
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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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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.44 per cent lower at 90.05.
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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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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading down 0.20 per cent at 90.79.
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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.