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Sensex rebounds to end 153 points higher after gyrating over 1,200 points intra-day

03:56 PM Nov 29, 2021 | FPJ Web Desk

The benchmark indices closed at a high in a volatile market on November 29. At close, the Sensex was up 153.43 points or 0.27% percent at 57,260.58. The Nifty was up 27.50 points or 0.16 percent at 17,054.00. About 875 shares have advanced, 2337 shares declined, and 142 shares are unchanged.

Kotak Mahindra Bank, HDFC Life, HCL Technologies, TCS and Wipro were among the major gainers on the Nifty. The losers included BPCL, Sun Pharma, UPL, ONGC and Adani Ports.

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Gaurav Udani, CEO & Founder, ThincRedBlu Securities, "Nifty gave a bounce back from its mid-term support level of 16,800. It closed at 17,045 , up by 18 points. Now 16,800 and 17,600 are the key levels for Nifty. A break in any direction will decide the short term trend for Nifty. Traders can use buy on dips strategy with a strict stoploss of 16,800."

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