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Key Reasons Behind Market Rebound: Sensex Surges 350 Points
Sensex recovered 350 points from lows, driven by IT, pharma, and DII buying.
After a sharp decline, Sensex rebounded 350 points from its day’s low, and Nifty ended close to 26,000. The recovery was driven by strong buying in IT, pharma stocks, a correction in global crude prices, and optimism ahead of upcoming earnings reports. Domestic institutional investors (DIIs) played a pivotal role in the market's rebound.