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Sensex Gains 500+ Points, Nifty Tops 24,200 on Strong Global and Domestic Cues

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Indian equity markets staged a sharp recovery on Wednesday, with the Sensex rising over 500 points and the Nifty climbing above 24,200. Improved sentiment in the technology sector and a strengthening rupee bolstered investor confidence. Positive global signals, including a rebound in Asian markets following US inflation data, further supported the rally. Foreign institutional investors also turned net buyers in July, adding momentum to the upswing. Easing geopolitical tensions contributed to the overall positive market environment.

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Sensex Gains 500+ Points, Nifty Tops 24,200 on Strong Global and Domestic Cues · ShortSingh