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Sensex opens higher, rises over 250 points; IT stocks lead gains


The Sensex rose over 250 points while the Nifty50 index moved closer to the 8,400 mark. Gains in the market were led by IT stocks.

New Delhi: Indian equity markets opened higher on Thursday ahead of the expiry of March month derivative contracts. The Sensex rose over 250 points while the Nifty50 index moved closer to the 8,400 mark. Gains in the market were led by IT stocks. While overnight gains in the US markets boosted sentiments, analysts say short covering in beaten-down stocks ahead of the derivative expiry may take markets higher today.


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