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Daily Market Commentary - March 8, 2021 - Bonanza Portfolio Posted On: Mr Vishal Wagh, Research Head On Monday Indian equity benchmarks made an optimistic start tracking positive global cues. Markets are trading firmly in early deals on account of buying in all the sector indices led by Oil & Gas, PSU and Energy. In the afternoon session, Indian equity benchmarks were trading in fine fettle with Sensex and Nifty crossing 50,420 and 14,950 levels due to buying in PSU, Oil & Gas and utility stocks. Asian markets were trading mostly in red, even as encouraging economic data from the world s two largest economies as well as the passing of President Joe Biden s $1.9 trillion spending package by the U.S. Senate.

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