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16.09.2021 | Sensex hits 59000 for first time, ITC surges 8%

Indian markets extended gains and hit fresh record high once again on Thursday. The PLI schemes for the auto sector, relief package for telecom and the likely announcement of guarantees for the Bad Bank were the factors that helped the markets rise higher. The Sensex hit 59000-mark for the first time. The 30-share index ended at 59,141.16, up 417.96 points or 0.71%. The Nifty closed at 17,629.50, up 110.05 points or 0.63%.
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