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Sensex surges over 400 points in opening trade; financial stocks rally

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Equity benchmark Sensex jumped over 400 points in opening trade on Tuesday tracking gains in financial stocks on Reserve Bank support amid tepid cues from global markets. After hitting a high of 32,164.65, the 30-share index pared gains to trade 151.91 points or 0.48 per cent higher at 31,894.99. Similarly, the NSE Nifty advanced 60.05 points, or 0.65 per cent, to 9,342.35.

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