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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.08 per cent to 90.23.
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Around 10.25 a.m., Sensex was at 47,954.05, lower by 393.54 points or 0.81 per cent from its previous close of 48,347.59.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.13 per cent to 90.12.
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Among major earnings to focus on this week are from UCO Bank, Axis Bank, Bank of Baroda, Canara Bank, Hindustan Unilever Limited, Lupin, Maruti Suzuki India and Tata Motors.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.03 per cent to 90.10.
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Bajaj Auto, Asian Paints, Mahindra and Mahindra, Maruti Suzuki and Reliance Industries were top gainers.
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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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After touching an all-time high of 49,569.14 during the day, the 30-share BSE index ended 247.79 points or 0.50 per cent higher at 49,517.11.
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The rise in domestic indices came on the back of a positive trend in the global markets along with robust Q3 earnings.
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Foreign portfolio investors (FPIs) were net sellers in the capital market as they offloaded shares worth Rs 483.64 crore on a net basis on Wednesday, according to provisional exchange data.
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It has touched an all-time high of 48,168.22 points. Similarly, the Nifty50 on the National Stock Exchange touched a high of 14,114.15 points
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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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Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers
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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.