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Nifty, Sensex close 5% up; realty, metal surge
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Posted on
Dec 04 2008 5:11 AM
by
adeal
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MUMBAI: Equities witnessed a sharp rally Thursday as traders took positions in sectors like infrastructure, capital goods and oil&gas stock. Rate cut expectations and easing inflation lifted sentiments. Bombay Stock Exchange’s Sensex closed at 9219.84, up 472.41 points or 5.40 per cent. The 30-share index touched an intra-day high of 9245.06 and a low of 8726.71. National Stock Exchange’s Nifty ended at 2785.55, up 4.86 per cent or 129.10 points. The broader index hit an intra-day high of 2793.80 and a low of 2646.35.
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