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Nifty PSU Bank is the outperforming sector, up over 2.5 percent led by Indian Bank which jumped 4 percent followed by State Bank of India which gained 3 percent.
Political volatility in the wake of elections has created turbulence in the stock market.
Increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market lifted the domestic currency, dealers...
Tracking recovery of stocks and commodities in global markets, the S&P BSE Sensex hit a fresh record high, rising by 212.85 points or 0.59 per cent to trade at 36,478.78 and the Nifty50 index surged 64.15 points or 0.59 per cent to reclaim the 11,000 level as it traded at 11,012.45.