Indian equities bounced back from crucial support levels and ended a volatile session on a flat-to-positive note Monday. Losses in metals, auto and IT were offset by gains in FMCG, banks and realty.
Indices opened lower mirroring losses in the Asian markets. Government’s forecast of 7.2 per cent GDP growth against 6.7 per cent achieved in previous fiscal sent the market in a tizzy as sentiments turned bearish on fears that the government may start unwinding stimulus package in the forthcoming budget to reduce fiscal deficit.
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Sensex recovers to end on flat note
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