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Monday, August 29, 2011
Markets zoom
Indian equity indices rallied on Monday, with the BSE Sensex jumping by nearly 600 points and the NSE Nifty ending above the 4,900 mark. The Sensex and the Nifty closed near their intraday highs on the back of short covering and some bargain hunting following the recent drubbing.
Finally, the BSE Sensex ended at 16,416, adding 567 points. It had earlier touched a day's high of 16,462 and a day's low of 15,068. It opened at 16,080. The NSE Nifty closed at 4,919, adding ~171 points.
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