Sensex soars 1,300 points, Nifty ends above 24,500

Chandigarh, August 17

The Indian equity markets opened on a strong note, buoyed by favourable global cues. Amid buying across sectors, BSE Sensex and NSE Nifty50, ended today with gains of over 1 per cent each. The Sensex added 1,330.96 points, or 1.68 per cent, to close at 80,436.84, while Nifty50 advanced 397.40 points, or 1.65 per cent, to 24,541.15.

The volatility index, INDIA VIX, decreased by 6.68%, settling at 14.40, signalling reduced market volatility.

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