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markets rise sharply two days on the trot on stronger rupee, weaker crude

markets rise sharply two days on the trot on stronger rupee, weaker crude Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



markets rise sharply two days on the trot on stronger rupee, weaker crude

stocks posted sharp gains for the second trading day in a row after the rupee strengthened and crude prices and benchmark government bond yields retreated. markets players said investors hopped for a positive outcome from the meeting between prime minister narendra modi and government officials to discuss the fall in the rupee and other economic issues.news of fresh round of trade talks between the us and chinese governments also boosted investor sentiment, lifting most global stocks. the 30-share sensex rose 373 points, or one per cent, to end at 38,091. the nifty-50 index closed at 11,515, up 145 points, or 1.3 per cent, the biggest one-day gain since april 4. a sliding rupee and surging bond yields amid deteriorating macro fund...