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The Nifty50 and Sensex rose close to 1% each as risk appetite returned.
Volatility gauge India VIX slumped as much as 9% today, tracking the surge in domestic and global equities today.
The Nifty50 and Sensex rose close to 1% each as risk appetite returned, and shares of metals and automobile companies soared.
India VIX was down over 1% at 14.0825.
Tata Steel, Hindalco, Vedanta, Maruti and UltraTech were the top gainers on Nifty50.
Infratel, Power Grid, NTPC, SBI and Asian Paints were the top losers in today’s trade.
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