Sensex up 50 pts, Nifty holding 10,900-mark; Sun Pharma plunges 10%

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Watch Sensex up 50 pts, Nifty holding 10,900-mark; Sun Pharma plunges 10% With HD Quality

Markets open in green; Sensex up 60pts. Shares of Wipro in focus ahead of earnings announcement.

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    Markets open in green; Sensex up 60pts. Shares of Wipro in focus ahead of earnings announcement

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    Lacklustre global sentiment, clouded by the poor outlook on the global economy, rubbed off on Indian stocks as benchmarks Sensex and Nifty took deep cuts early Tuesday. Around 9:25 am, the BSE Sensex was 113 points, or 0.31 per cent, down at 36,466, with 23 stocks in the red and eight in the green. The Nifty50 index was 36 points, or 0.33 per cent, down at 10,926, with 17 stocks advancing and 33 declining.

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    Domestic markets moved higher on Tuesday, after falling over a percent in the previous session, amid hopes that the US central bank would adopt a more dovish stance and may slash borrowing costs. The domestic equity benchmark BSE Sensex was trading 118.73 points up at 39,079.52 on account of buying in frontline bluechip counters. The Nifty index was trading 30.45 points up at 11,702.60.




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    Domestic equity market opened on a highly volatile note on Wednesday tracking heavy foreign fund outflow and mixed cues from global markets amid rising fears of an impending recession and escalation in US-China trade war. After swinging over 200 points in the first 15 minutes of the session, the 30-share index was trading 11.13 points, or 0.03 per cent, lower at 36,551.78 at 0930 hours, while the broader Nifty slipped 4.50 points, or 0.04 per cent, to 10,793.40.

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