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Sensex, Nifty Rise As Fears Of Global Banking Contagion Ebb

Stock indicesedged up on Monday, snapping two days of losses, as global authorities took steps to contain the banking turmoil, helping dispel some of the contagion fears.

Sensex, Nifty Decline As Banking Contagion Fears Sour Mood

Shares closed lower on Monday with investors fretting about contagion risks in the global banking system, as relief from a historic Swiss-backed acquisition of troubled Credit Suisse by UBS Group turned out to be short-lived.

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