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Sensex Rallies Over 1,350 Points In 5 Sessions; Nifty Tops 11,050

The Sensex and Nifty clocked their best five-day rally in over three months. 

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Indian equity benchmarks ended higher for the fifth day in a row at closing bell, reported BloombergQuint. According to the report, the S&P BSE Sensex Index ended 0.98 percent higher at 36,975.23 and the NSE Nifty 50 Index ended at 11,062.45, up 1.17 percent.

The broader market index, the NSE Nifty 500 ended 0.94 percent higher. The 31-share index gained over 1,350 points in five trading sessions and the 50-stock index ended above 11,000 for the first time since 1 October 2018.

Earlier on Wednesday morning, BSE benchmark Sensex had jumped over 250 points and NSE Nifty breached the 11,000 mark in early trade led by gains in IT and metal stocks amid heavy buying by domestic and foreign institutional investors, reported PTI.

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The 30-share index was trading 255.89 points, or 0.70 percent, higher at 36,872.70.

Similarly, the 50-share NSE Nifty had reclaimed the 11,000 mark, rallying 81.40 points, or 0.74 percent, at 11,015.75.

On Tuesday, 5 February, the Sensex had ended at 34.07 points, or 0.09 percent, higher at 36,616.81; and the NSE Nifty edged up 22.10 points, or 0.20 percent, to 10,934.35, according to the report.

(With inputs from PTI and BloombergQuint.)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

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Topics:  Nifty   Stocks   BSE Sensex 

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