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Sensex slips 1,000 points from interim high to close above 72,000 – Latest News | india business news

Mumbai: A day after the interim Budget, Sensex closed 0.6% higher led by heavyweights like. Reliance IndustriesInfosys and TCS.
On Friday, the Sensex opened higher and surged over 1,400 points or 2% to above 73K points by mid-session, driven by overnight gains in the US and early gains in Asian markets.

Sensex

But profit-booking at higher levels dragged the index down in late trade and it closed 440 points or 0.6% higher. On NSE, Nifty followed a similar trajectory to hit a new all-time high at 22,127 points during the day, but closed lower. 22K points, at 21,854 points – up 156 points or 0.7%.
According to Ajit Mishra of Religare Broking, the day’s session was a roller coaster ride of sorts for participants as the major indices moved sharply on both sides and ended with marginal gains. “After the start of the gap, Nifty moved towards its record high but could not sustain that level for long and lost most of its gains,” Mishra said.



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