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In a first, the aggregate market capitalisation of all BSE listed firms ended at over Rs 200 lakh crore mark.
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Oil and Gas stocks were trading with gains, with the S&P BSE Oil&Gas index increasing 237.03 points or 1.63% at 14807.92 at 09:48 IST.
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Power stocks were trading with gains, with the S&P BSE Power index rising 37.58 points or 1.73% at 2208.59 at 09:48 IST.
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Future Retail plunged 4.99% to Rs 74.20 in the early trade, while Future Enterprises and Future Lifestyle Fashions also tanked 4.94% and 4.48% to Rs 11.15 and Rs 83.95, respectively.
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Auto stocks were trading in green, with the S&P BSE Auto index increasing 432.48 points or 1.78% at 24689.82 at 09:48 IST.
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Benchmark indices bounced back in the afternoon trade. At 1.27 pm (IST), the barometer index S&P BSE Sensex traded 101 points higher at 50,357. The Nifty 50 index was up 46 points at 14,836.
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SBI, Hero MotoCorp, NTPC, Adani Power, Arvind, Ipca Labs, PFS, Suzlon, Tata Power, Trent and Zee are slated to announce their financial results on Thursday
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Indian stocks are expected to open on a flat note after seeing steep recent rally.
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The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever.
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Sensex witnessed mild profit-booking at higher levels but managed to end the day at fresh closing peak of 50,255.75, up 458 points or 0.92% while Nifty rose 142 points to end the day’s trade at another record high of 14,789.95.