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After the trading resumed, taking cues from the Asian markets, Indian markets showed major recovery with Sensex up 2300 points from lows and Nifty is also up 1% close to 9700 points.
HDFC Bank has now turned into the green and has scaled higher and has been a top contributor supporting Nifty Bank. Kotak Mahindra Bank, Bank of Baroda, HDFC are all trading with some gains.
Other Nifty stocks that gained include Yes Bank, Sun Pharma,Coal India, Bharti Infratel, Cipla.
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