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Market wrapBusinessLine

Indices hold gains at noon; M&M, IndiGo top Nifty

Positive+1

GreyOak summary

Indian benchmark indices held opening gains by midday, with the Sensex up 1.05% and Nifty 50 rising 0.90%. Mahindra & Mahindra and IndiGo led the Nifty 50 as top gainers, while IT stocks dragged performance due to fears of higher US interest rates following recent inflation data.

What it affects

  • Rose 4.38% to lead Nifty gainers.Rolling sentiment Positive +48

  • NIFTY 50Positive 0

    Up 0.90% at 25,270.25 by noon.Rolling sentiment Positive +40

  • Up 4.30% as second top gainer.Rolling sentiment Neutral +5

Source

Read the original at BusinessLine

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