D-St indices rise on short covering, but ‘rebound may not last for too long’

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The NSE Nifty climbed 0.9% or 205 points, to close at 23,163. The BSE Sensex gained 0.8%, or 631 points, to 76,532. Upsides in the broader market were stronger with the Midcap 150 index and the Smallcap 250 index surging 2.4% and 3.2%, respectively – the largest single-day gains in seven months.

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