Markets regain footing on firm European cues; IT stocks hog limelight
The Sensex made an emphatic comeback on Tuesday following the previous session’s massive selloff, as European markets reversed losses amid expectations that the COVID-19 vaccines will be effective against a new virus strain in the UK. IT stocks led the recovery on Dalal Street, with pharma and select banking stocks also witnessing robust demand. After gyrating 968 points in a volatile session, the 30-share BSE Sensex ended 452.73 points or 0.99 per cent higher at 46,006.69. On similar lines, the broader NSE Nifty climbed 137.90 points or 1.03 per cent…
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