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Benchmarks stage rebound after early slide; broader market tumbles

By Business Standard - 9 months ago
The key equity benchmarks erased intraday losses and ended with modest gains on Wednesday. The Nifty50 settled above the 22,470 mark after hitting the days low of 22,224.35 in early afternoon trade. Broader markets, however, took a beating today amid stretched valuations. Banks and healthcare stocks were in demand, while media, realty and oil & gas stocks were under pressure.

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