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Home Business & Corporates

Sensex climbs over 600 points, Nifty trades above 17,100 as global shares rally up

Lagatar News by Lagatar News
April 26, 2022
in Business & Corporates
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Lagatar24 Desk

 

Mumbai, April 26: The Indian shares ended a two-session losing run on Tuesday, recovering slightly as broader Asian markets crept higher, tracking a late rally on Wall Street, with the Nasdaq ending substantially higher after Elon Musk agreed to buy Twitter.

Twitter rose 5.6 percent on news that Elon Musk, the world’s richest man, has agreed to pay $44 billion in cash for the social media network, which is used by millions of people around the world.

On Tuesday, the BSE Sensex index surged 636 points to about 57,216, while the Nifty rose to 17,152 at 10:18 a.m., after both markets had fallen over 1% the previous session.

The 30-share BSE Sensex fell 715 points, or 1.23 percent, to settle at 57,197 on Friday, while the NSE Nifty fell 221 points, or 1.27 percent, to close at 17,172.

 

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