Sensex, Nifty rally over 1% as IT stocks drive broad-based market gains
· economictimes.indiatimes.com
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed higher, reflecting positive investor sentiment. Declining crude oil prices and a stronger rupee also supported market gains. Foreign and domestic institutions were net buyers of shares.
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