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NEW DELHI: Markets erased losses in early trading and managed to finish on strong footing as Sensex and Nifty gained 1.20 per cent each.
30-share BSE index went up by 416.27 points to close at 35,322.38 while the broader 50-share NSE Nifty went past the 10,700-mark, gaining more than 120 points. The surge in markets came as global cues improved on back of easing of political uncertainty in Italy. A cut in fuel prices closer home also contributed in boosting investors' sentiments.
Private bank and financial service sector stocks gained the most with both the sectoral sub-indices gaining more than 2 per cent on Nifty.
30-share BSE index went up by 416.27 points to close at 35,322.38 while the broader 50-share NSE Nifty went past the 10,700-mark, gaining more than 120 points. The surge in markets came as global cues improved on back of easing of political uncertainty in Italy. A cut in fuel prices closer home also contributed in boosting investors' sentiments.
Private bank and financial service sector stocks gained the most with both the sectoral sub-indices gaining more than 2 per cent on Nifty.
Adani Ports, HDFC Bank, IndusInd Bank and Mahindra & Mahindra topped the charts on Thursday.
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