Sensex snaps 2-day losing run, up 292 pts; Nifty tops 11,850

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CLOSING BELL: Sensex gains 292 pts on US-China trade truce, Nifty tops 11,850




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Watch Sensex snaps 2-day losing run, up 292 pts; Nifty tops 11,850 With HD Quality.

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    Domestic benchmark indices snapped nine-day losing streak on Tuesday as comments from Washington and Beijing helped soothe investor worries about a deepening trade row. BSE Sensex jumped 227 points or 0.61 per cent to 37,319 with 17 of 30 constituents in the green. NSE Nifty rose gained 74 points or 0.66 per cent to settle at 11,222.




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    Defying the global markets, the benchmark Sensex gained over 200 points during the afternoon trade session on Friday as financial stocks gained.In addition, the sentiments were lifted as the Indian currency strengthened by over 30 paise on Friday to trade at 69.88 per dollar, against the previous close of 70.19 per dollar.The gains in the domestic currency impacted the export oriented sectors as IT stocks declined by 1.15 per cent and the Teck sectors lost 0.67 per cent.

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    Reversing a nine-session falling streak, the BSE Sensex rebounded 404 points Wednesday as investors snapped up recently hammered stocks amid optimism in global markets over the US-China trade talks. After a firm opening, the 30-share index stayed in the positive terrain throughout the session before finally finishing at 35,756.26, up 403.65 points, or 1.14 per cent. The broader NSE Nifty soared 131.10 points, or 1.24 per cent, to 10,735.45. In the past nine sessions, the Sensex had lost 1,622.62 points, while the Nifty cracked 465.05 points over eight trading days.

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    The BSE Sensex snapped its three-day rising streak to end 194 points lower Wednesday, pressured by losses in banking and auto stocks amid a broad sell-off in overseas markets. After slumping over 300 points during the day, the BSE gauge pared some losses to settle 193.65 points, or 0.48 per cent, lower at 39,756.81. The index hit an intra-day low of 39,623.53 and a high of 39,982.10. Similarly, the broader NSE Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20. During the day, the index touched a low of 11,866.35 and a high of 11,962.45.




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    Snapping its six-session falling streak, equity benchmark BSE Sensex ended 51.81 points higher on Friday, led by select finance and private bank stocks. After a choppy session, the 30-share Sensex ended 51.81 points or 0.14 per cent higher at 37,882.79. Swinging 289 points, it hit an intra-day low of 37,690.47 and a high of 37,978.07. Similarly, the broader NSE Nifty rose 32.15 points or 0.29 per cent to settle at 11,284.30. During the day, the index hit a low of 11,210.05 and a high of 11,307.60.




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