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Sensex rebounds 254 points; banking, metal stocks take charge

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Indian equities on Friday recovered from the massive losses suffered in the previous session, with banking, metal and IT counters leading the rally. After fighting bouts of volatility, the BSE Sensex closed 254.57 points or 0.64 per cent higher at 39,982.98. Intra-day, the 30-share benchmark swung over 426 points, touching the day’s peak at 40,125.71 and the lowest level at 39,700.
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