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Nifty rebounds, Sensex above 26000; banks lead, Tata Motors down


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The 30-share BSE Sensex rose 50.83 points to 26030.43 and the 50-share NSE Nifty was up 9.90 points at 7989 while the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.3 percent each.
About 1209 shares advanced against 979 declining shares on the exchange.
Sun Pharma retained its top position in the buying list, up more than 2 percent followed by HDFC Bank, L&T, HDFC, Asian Paints, Reliance Industries and Maruti Suzuki whereas ITC, Tata Motors, Axis Bank, Infosys, TCS, M&M and Wipro were under pressure.
In the midcap space, Bajaj Finance, L&T Finance, Piramal Enterprises, UPL and MRF gained 2-4 percent while Reliance Communications, Shriram City, Pidilite Industries, Amara Raja and Emami fell 1-2 percent.


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Nifty rebounds, Sensex above 26000; banks lead, Tata Motors down

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