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Indian markets rebound sharply amid technical bounce and short covering
Indian share markets experienced a significant surge on November 22, with the BSE Sensex rising nearly 2,000 points and the NSE Nifty reclaiming 23,900, attributed to a technical bounceback from oversold conditions and short-covering. This rally added Rs 7.58 lakh crore in investor wealth, but analysts caution that the sustainability of this rebound will depend on reactions to key upcoming events, including the Maharashtra election results.
Moneycontrol
Indian Rupee BSE Sensex NSE Nifty IND Dharmesh Kant
Finance & Economy, Market Report
14:08 22.11.2024
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