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The Nifty 50 opened more than 160 points lower and fell to an intraday low of 23,317.10 during early trade.
The Nifty 50 index recovered over 300 points from intraday lows to close nearly flat.
KEY POINTS
- Indian rupee hit a fresh record low of 96.39 against the US dollar, down 0.45%.
- Amber Enterprises stock plunged 15.61% after warning of margin pressure in its earnings report.
- Gland Pharma shares surged 15.43% following a reported 97% jump in March quarter net profit.
- Market breadth was weak, with only 941 advancers against 2,382 decliners on the NSE.
COMPANIES
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