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MARKET LIVE: Sensex gains 100pts, Nifty above 18,400; PSU Bank index up 1%

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Key indices Nifty50 climbed over 50 points to trade above 18,450 levels, whereas the S&P BSE advanced over 200 points to trade at 61,929 levels.
Broader markets, too, inched up in trade as MidCap 100 and SmallCap 100 indices rose up to 0.5 per cent each. Volatility gauge, India VIX, meanwhile, slipped over 1 per cent.
Among individual stocks, shares of Shyam Metalics surged over 6 per cent after the company forayed into the stainless steel business with the acquisition of Mittal Corp.

Besides, shares of Jubilant Foodworks gained over 1 per cent after the company’s flagship brand Domino’s Pizza launched 20-minute deliveries across 20 zones in fourteen cities.



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