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Market recovered from lows on Wednesday ahead of US-China trade phase-1 deal talk; Nifty managed to hold 12,300
Market traded with negative sentiments throughout the day on Wednesday ahead of the US-China trade talk. However, the Nifty recovered smartly from lower levels at the fag end of the session and closed at day's high. The index closed with marginal loss at 12,343.30, shedding 19 points. Realty, Automobiles along with media stocks traded with positive sentiments through the day whereas, private banks witnessed pressure in the Wednesday session. Nifty bank closed at 31,824.90, cracking 246.80 points from the previous day’s closing.
