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Indian Market Rebound: Sensex Gains 1,000 Points, Nifty Tops 24,550 – What Drove the Recovery?
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Sensex Recovers 1,000 Pts, Nifty Reclaims 24,550 Amid Value Buying & Crude Rebound
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Moneycontrol
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04-03-2026, 15:01
Sensex Recovers 1,000 Pts, Nifty Reclaims 24,550 Amid Value Buying & Crude Rebound
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Sensex recovered nearly 1,000 points from day's low, Nifty reclaimed 24,550 after early market plunge.
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Indices initially fell sharply: Sensex 1,700 pts (11-month low), Nifty 2.25% (10-month low).
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Rebound driven by value buying, Nifty reclaiming key technical level 24,400, and marginal Brent crude recovery.
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Anand James of Geojit Investments warns Nifty must hold 24,500 to prevent further slide; advises caution.
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