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TC Markets: Nifty crossed 18,300 and Sensex scaled 61,000 – The reasons behind the rally

Nifty 50 has crossed 18,300 points. It stood at 18,338.50 when the markets closed. Nifty Bank Index was the top sectoral gainer. It was followed by Nifty Metal, Nifty Financial Services and Nifty IT. Nifty Auto was the only sectoral index which closed in red. The robust performance by Nifty Bank led by HDFC Bank …

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