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Sensex, Nifty bounce back to safe territory after opening in the red

Sensex, Nifty bounce back to safe territory after opening in the red

Sensex, Nifty bounce back to safe territory after opening in the red
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By CNBC-TV18 Apr 3, 2018 2:53:31 PM IST (Updated)

Though the markets opened in red on Tuesday, the opening lows remained brief as the BSE Sensex and the NSE Nifty bounced back to the safe territory. The BSE Sensex was trading at 33,308 points and the NSE Nifty at 10,226 points.

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The Nifty Bank gained post the RBI announcement of directing provisioning norms for banks. The index was trading at 24,412 points by gaining more than 30 basis points.
On Monday, the markets closed in the green with the benchmark and sectoral indices trading higher and gaining more than the opening highs. The benchmark BSE Sensex closed at 33,200 levels at 33, 250 points while the Nifty closed at 10,200 levels at 10,216 points, above its day monthly average (DMA levels).
Auto firms, pharma and IT stocks were the top index gainers on Monday. Maruti Suzuki, Tata Motors, Lupin, Cipla, Sun Pharma, Hexaware, Infosys and TCS helped pull up the indices.
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