MARKET SUMMARY
Key benchmark ended sharply higher in the late trade snapped its four-day losing streak. Market opened with a marginal gap and index was lacklustre till noon trades and dipped into the red. However, in the second half, it made a smart recovery by surging on strong buying seen in frontliners as European cues and gains in U.S. stock futures ahead of the keenly- awaited monthly jobs report. The Sensex ended above 15,600 level and Nifty to close above the 4650 level. Volatility was high throughout the day ahead of the crucial US jobs data that will be released evening today. Finally the Sensex ended the day with a gain of 290.79 points, or 1.89% at 15,689.12 and Nifty climbed 86.85 points, or 1.89% at 4,680.40.
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