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Sensex ends 113 factors increased on agency international cues; Nifty holds 17,200-mark

Equity benchmark Sensex ended 113 factors increased on Thursday, monitoring good points in index majors Infosys, Reliance Industries and Bajaj Finance amid a constructive pattern abroad.
The 30-share index superior 113.11 factors or 0.20 per cent to settle at 57,901.14. Similarly, the NSE Nifty rose 27 factors or 0.16 per cent to 17,248.40.
Bajaj Finance was the highest gainer within the Sensex pack, rising round 3 per cent, adopted by Infosys, Titan, Reliance Industries and HCL Tech.
On the opposite hand, Maruti, Bajaj Auto and Sun Pharma have been among the many laggards.

“Indian markets opened on a positive note following Asian market cues as globally investors assess US Fed’s decision on taper and rates,” stated Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi.
The US Fed stated it would aggressively unwind bond shopping for and sees three charge hikes in 2022 and two every in subsequent two years.
“During the afternoon session, the markets continued to hold their head above water. However, upside remained capped on relentless FII selling in capital markets which impacted traders’ sentiment. During the closing session, the markets succumbed to selling pressure,” he added.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with good points.

Stock exchanges in Europe have been buying and selling on a constructive be aware in mid-session offers.
Meanwhile, worldwide oil benchmark Brent crude firmed up 0.97 per cent to USD 74.60 per barrel.

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