Sensex rangebound post 100-pt rally; Nifty50 holds 7,550

The S&P BSE Sensex pared gains after rallying over 100 points in trade, weighed down by losses in Infosys, HDFC, M&M, and Asian Paints. The Nifty50 was trading above its crucial psychological support level of 7550 supported by gains in realty, power, oil & gas, metal, consumer durable, and capital goods stocks.
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