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Early gains not fully held on BSE
MUMBAI: The Sensex closed 64 points higher after a late bout of selling almost wiped out early gains in the face of comfortable market-wide rollover of about 80 per cent.
Energy, healthcare and capital goods shares bore the brunt of selling in the concluding 30 minutes as operators squared positions in these stocks rather than rolling over to next series, market players said.
Erasing its gains substantially, the BSE 30-share index settled at 19003.26, a net rise of 64.39 points on Thursday. It closed at 18938.87 on Wednesday. It saw an intra-day high of 19297.01.
The S&P CNX Nifty of the National Stock Exchange recovered by 17.05 points to close at 5634.60 against 5617.55.
The Sensex’s initial jump by 358 points was credited to a strong turnaround in global markets. — PTI
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