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Sensex surges 193 pts, Nifty ends at 7900

Discussion in 'Stock Market News & Analysis' started by chetanepic, May 12, 2016.

  1. chetanepic

    chetanepic New Member

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    The Nifty managed to close above 7900 after almost two weeks. The 50-share index is up 2 percent from its recent lows of 7697. The Sensex closed above its 200-day moving average. The Sensex was up 193.20 points or 0.7 percent at 25790.22.

    The stock, however, reacted positively (up 3 percent) as uncertainty from Venezuela operations are over. M&M, Axis Bank, HUL, Maruti and L&T were losers in the Sensex.

    For more information and STOCK TIPS visit Epic Research.
     
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