The broader markets moved further into the positive territory in the final hour of trade as buying activity intensified among the index heavyweights. While buying was witnessed across sectors, select stocks from the steel, software, pharma, and telecom sectors witnessed selling pressure. As regards global markets, the Asian indices closed mixed, the European indices are trading higher currently.
The BSE Sensex closed almost 324 points higher, while the NSE Nifty closed higher by 90 points. The BSE Midcap and Smallcap indices also closed in the green, up 2% and 1% respectively. The rupee was trading at 42.05 to the dollar.
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