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Sensex surges over 400 points in early trade; Nifty tops 14,850-mark

Sumary of Sensex surges over 400 points in early trade; Nifty tops 14,850-mark:

  • Equity benchmark Sensex rallied over 400 points in early trade on Thursday, led by gains in ICICI Bank, HDFC Bank and Reliance Industries amid positive cues from global markets and foreign fund inflows…
  • Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by ONGC, M&M, Maruti, ICICI Bank, SBI, HFC twins and Reliance Industries…
  • In the previous session, Sensex ended 562.34 points or 1.12 per cent lower at 49,801.62, while Nifty slumped 189.15 points or 1.27 per cent to finish at 14,721.30…
  • Foreign institutional investors (FIIs) were net buyers in the capital market on Wednesday as they bought shares worth Rs 2,625.82 crore, as per exchange data…
  • According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the outcome of the US Federal Reserveā€˜s policy meet is very positive for equity markets….

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