Sensex over 1500 pts, Nifty closes at 16,260

Sensex over 1500 pts, Nifty closes at 16,260

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The S&P BSE Sensex jumped 1,534 points, or 2.91 per cent, to end at 54,326, while the Nifty50 shut shop at 16,266, up 457 points or 2.89 per cent.

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On the broader market, the BSE MidCap and Smallcap indices added 2 per cent each.

Dr Reddy’s Labs, JSW Steel, Nestle India, Tata Motors, Tata Steel, Cipla, Adani Ports, L&T, RIL, Axis Bank, and SBI led from the front, rallying over 3.5 per cent each.

On the downside, only UPL and Shree Cement were in the red,

 

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