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Market witnessed sharp pull-back on Wednesday, Nifty regained 8,000 mark
Markets traded with a positive sentiment on Wednesday and witnessed strong short-covering move along with fresh long positions. Volatility index came lower by 7.89 per cent which shows some relief to bulls as volatility is likely to come down. The Street is expecting stimulus package from the government. Nifty managed to close at 8,317.85, adding 516.80 points. Financial services, private banks, auto sector traded with positive sentiments but none of the sectors closed in the red. Nifty bank closed at 18,481, adding 1,373.10 points from the previous day’s closing.
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