Sensex turns rangebound; Nifty50 tests 7,450

The S&P BSE Sensex eneterd into negative terrain after rallying over 100 points in morning trade, led by selling in stocks such as HDFC, HDFC Bank, Sun Pharma and Maruti Suzuki. The Nifty50 retreated after reclaiming its crucial resistance level of 7,500.
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