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Sensex up 330 points
MUMBAI: The Bombay Stock Exchange benchmark Sensex on Friday regained the 18K-level by gaining over 330 points on brisk buying by funds following reports of inflation rate cooling and Prime Minister’s soothing comments on limiting the impact of any global slowdown on India.
The 30-share Sensex, which opened lower by 331 points, recovered sharply and not only wiped off the early losses but also closed the day higher by 348.62 points at 18115.25. Market players said trading sentiment was boosted by reports of Prime Minister Manmohan Singh asserting that the government would take steps to limit the impact of any global slowdown on India. The key index touched the day’s high of 18142.92 and a low of 17445.05 points. The Sensex had regained the 18k level in six trading sessions. It had touched this level last on February 7. — PTI
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