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MARKET WRAP: Sensex settles 606 pts higher; metals, financial stocks jump

NSE’s benchmark index Nifty settled at 9,553, up 172 details or 1.eighty four per cent.

The domestic fairness current market settled in the positive territory for the third straight working day on Wednesday, supported by acquiring in money, IT, automobile, and metallic stocks.

The S&P BSE Sensex rallied 606 details or nearly 2 per cent to settle at 32,720. HDFC emerged as the major gainer on the index – up seven per cent. HDFC Lender, HCL Tech, and Mahindra & Mahindra (M&M) were subsequent on the checklist. On the flip aspect, Axis Lender (down 3.six per cent) settled as the major loser on the index.

NSE’s benchmark index Nifty settled at 9,553, up 172 details or 1.eighty four per cent. Volatility index India VIX ongoing to slide and finished four.3 per cent reduce at 33.eighty three levels. 

Between sectoral indices, Nifty Steel index was the major gainer – up 3.seventy

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