India Markets Thursday Wrap-Up: Trailing Asian Gainers

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Although the Indian indices managed to stay afloat till the end of the session today, their gains paled in comparison to their peers in Asia. Select realty and automobile companies managed to gain investor interest. Telecom stocks bore the brunt of uncertainty over the TRAI recommendations. While the BSE Sensex closed higher by around 70 points (up 0.4%), the NSE Nifty gained around 22 points (up 0.4%). Midcap and small cap stocks fared marginally better with gains of around 1% each.

As regards global markets, other Asian markets also closed in the red today with China and Japan being the key gainers. European markets have opened higher. The rupee was trading at Rs 45.13 to the dollar at the time of writing.

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