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Indian markets close sharply higher amid easing geopolitical tensions

Log biggest gain in more than a year on signs of potential Russia-Ukraine 'climbdown'

Markets, Investors, Indices, Stocks
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The market breadth was strong, with 2,056 stocks advancing and 1,316 declining

Sundar Sethuraman Mumbai
The benchmark indices rebounded on Tuesday, recouping all of previous day’s losses, on reports of de-escalation of tensions between Russia and Ukraine.

The news came as much-needed relief to equity markets which were rattled after a massive mobilisation of the Russian army around Ukrainian borders led to fears of an invasion and a standoff between the US and Russia.

The benchmark Sensex ended the session at 58,142, a gain of 1,736 points or 3.08 per cent. The Nifty, on the other hand, ended the session at 17,355, a gain of 512 points or 3.04 per cent. The gain was the

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