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Sensex climbs 300 pts on positive economic data, rupee recovery

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September 14, 2018 10:14


The BSE benchmark Sensex reclaimed the 38,000-mark by surging over 300 points in opening trade Friday on heavy buying by domestic institutional investors as the industrial production grew at 6.6 per cent in July and retail inflation cooled to a 10-month low.


The 30-share barometer pushed higher by 318.85 points, or 0.85 per cent, to 38,036.81. The gauge had risen 304.83 points in the previous session on Wednesday.


Sectoral indices were green across the board, with metal, power, PSU, realty and oil & gas stocks posting sizeable gains of up to 1.66 per cent. The NSE index Nifty was trading above the 11,400-mark, up 84.90 points, or 0.75 per cent, at 11,454.80. --  PTI

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