Markets rally in initial trade

Markets rally in initial trade

MUMBAI [Maha Media]: Benchmark indices Sensex and Nifty bounced back after falling in opening trade on Wednesday amid fresh foreign fund inflows and buying in blue-chip stocks Reliance Industries and ICICI Bank.

Despite a weak beginning to the trade, the 30-share BSE Sensex later rebounded and went up by 93.05 points to 81,676.35. The 50-share NSE Nifty edged higher by 42.80 points to 24,896.20.

Later, the BSE benchmark traded 228.13 points higher at 81,812.04, and the Nifty climbed 82.25 points to 24,937.70.
 

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