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Nifty above 9900; PSU banks advance

Jun 01, 2020 - Business Standard India

The market further extended gains with the Nifty crossing the 9,900 mark. Sentiment got a boost following the government's decision to start a phased reopening of the economy. Strong cues from other Asian stocks also supported buying. Better-than-expected GDP numbers also lifted the investor mood.

At 12:28 IST, the barometer index, the S&P BSE Sensex, was up 1140.15 points or 3.52% at 33,564.25. The Nifty 50 index added 324.85 points or 3.39% at 9,905.15. In the broader market, the S&P BS...