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What a day it has been for equity markets. The Sensex rallied over 300 points and closed above its crucial resistance level of 36000 while the Nifty50 ended just a shade below 10,950 on Tuesday.
The S&P BSE Sensex is just 204 points away from its record high of 36,443 while for the Nifty the distance is about 224 points. The Nifty50 hit a record high of 11,171 earlier in January.
The Nifty index registered its highest daily close seen in the last five months near to 10950 zones.
It has recently crossed Karnataka Election Result day’s high of 10929 and also surpassed its falling supply trend line by connecting swing highs of 11171, 10929, 10837 and 10816 levels.
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