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189: 11.01.2021 | Sensex hits 49000 for first time ever

Indian markets ended at fresh record closing highs on Monday. The improved outlook for December quarter earnings along with strong global cues helped Sensex to breach the 49,000-mark for the first time ever. The rally in the market was led by the IT sector backed by TCS results, however, small and mid-cap stocks were under pressure.
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