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The Sensex surged over 700 points to close at 80,930, while the Nifty gained 0.8% to settle around the 24,800 mark, lifted by strong buying in banks and other financial stocks. The rebound comes after the Sensex had shed more than 2,700 points over eight straight sessions, as investor sentiment was weighed down by concerns over delays in a US trade deal and fresh measures from President Trump, including higher H-1B visa fees and a 100% tariff on branded and patented pharmaceuticals. Read more
