Business Standard

Sensex rises 443 pts; Nifty rebounds nearly 1% as auto, IT shares advance

Experts said a fall in oil prices and other key commodities are a silver lining in the domestic market

BSE
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Tata Consultancy Services and Wipro rose 2.7 per cent and 2 per cent each.

Sundar Sethuraman Mumbai
Markets continued to whipsaw, with the benchmark indices close to a per cent on Thursday as investors rushed to buy beaten-down stocks, even as concerns around global recession kept gains under check.

Experts said a fall in oil prices and other key commodities are a silver lining in the domestic market. Brent crude prices are down nearly 15 per cent from this month’s highs on worries that a slowdown in the world economy could dampen demand.

Sensex rose 443 points, or 0.9 per cent, to finish at 52,263.

The Nifty rose 0.93 per cent, or 143 points, to close at

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