Stock Market Highlights Today: Nifty forms a bullish candle on daily chart. What does it signal for tomorrow’s trade?

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The benchmark indices surged significantly from day’s low on Monday as investors rushed to buy stocks at low levels, as many studies said the Omicron is not that potent despite being far more virulent. Pharma, IT and finance were major contributors to the market recovery. The 30-share pack Senex advanced 295.93 points or 0.52 per cent to close at 57,420.24. The index gyrated about 970 points during the day. Its broader peer NSE Nifty added 82.50 points or 0.49 per cent to 17,086.25.

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S&P 500 hits record high on strong retail sales data

Minutes after the opening bell, the S&P 500 was up 22.82 points, or 0.48 per cent, at 4,748.61. The Dow Jones Industrial Average was up 114.80 points, or 0.32 per cent, at 36,065.36, while the Nasdaq Composite was up 78.09 points, or 0.50 per cent, at 15,731.46.

Rupee hits nearly 4-week high of 75 against US dollar

Rising for the eighth straight session, the rupee on Monday…

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