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    Power player to surge 6% with a commercial vehicle stock in tow, at 5%

    Synopsis

    Nifty launched a charge that took it to an incremental lifetime high. But the pushback was strong and it had to withdraw into negative territory.

    It was a choppy day for the markets. After a firm start, the Nifty 50 grew stronger in the first half of the day. The index also went on to form a fresh incremental lifetime high. However, in the last hour and a half of the session, the Nifty faced very strong selling pressure. It was forced to pare its gains and slip into negative territory. The Nifty came off over 170 points from its peak and closed the day with a net loss of 38.55 points
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    The Economic Times