This story is from September 12, 2018

Markets shrug off bearish trend, Sensex gains 300 points as rupee strengthens

Sensex gained 304.83 points to close at 37,717.96 while Nifty closed at 11,369.90, up 82.40 points. Investor sentiments boosted in mid-day trade after opening on a cautious note, as the rupee firmed up significantly to 72.25 against the US dollar
Markets shrug off bearish trend, Sensex gains 300 points as rupee strengthens
NEW DELHI: Equity markets staged a comeback on Wednesday as both Sensex and Nifty gained close to a per cent each.
30-share BSE Sensex gained 304.83 points to close at 37,717.96 while the broader 50-share NSE Nifty closed at 11,369.90, up 82.40 points.
Investor sentiments boosted in mid-day trade after opening on a cautious note, as the rupee firmed up significantly to 72.25 against the US dollar, sobering from the all-time low of 72.91, that it had plunged to, in mid-day trading.

News agency Reuters quoted sources to report prime minister Narendra Modi is slated to review the economic situation over the weekend, further instilling confidence in the Street mood.
All the sectoral sub-indices finished in the green with Nifty FMCG and Nifty Metal rallying 2.5 per cent and 1.5 per cent, respectively.
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