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Will the markets be able to hold on to gains? Here's what charts suggest

The rally was mostly due to positive global cues that saw the US markets close firm on Monday on hope of an economic recovery after a successful early-stage trial of a coronavirus vaccine

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stock market trading | Stock tips | Nifty Bank

Avdhut Bagkar  |  Mumbai 

Frontline indices - the S&P BSE Sensex and the Nify50 - gained ground on Tuesday. The rally was mostly due to positive global cues that saw the US markets close firm on Monday on hope of an economic recovery after a successful early-stage trial of a coronavirus vaccine. Gains were visible across Asian markets as well.

Singapore and Indonesian shares were both on track for their biggest intraday percentage gain since April 30. Indonesian shares jumped 2 per cent, while Singapore stocks climbed for a third straight session, up 1.9 per cent. Philippine stocks, too, traded 1.5 per cent ...

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First Published: Tue, May 19 2020. 10:46 IST
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