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Market wrapMoneycontrol

Nifty surges over 2% to 25,600 before closing at 25,250

Positive+1

GreyOak summary

Nifty 50 surged over 2% to 25,600 during the Closing Auction Session before settling at 25,250, while Sensex gained 375 points. Foreign investors injected nearly $6 billion in November, marking a shift from previous outflows. SEBI announced a return to volume-weighted average price settlement for derivatives starting December 7 to reduce volatility.

What it affects

  • SENSEXPositive +1

    Spiked 375 points to close at 81,879.4.Rolling sentiment Positive +20

  • NIFTY 50Positive +1

    Surged 2% to 25,600 then closed at 25,250.Rolling sentiment Positive +40

Source

Read the original at Moneycontrol

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