Equity benchmark indices Sensex and Nifty bounced back from intra-day lows to settle higher on Wednesday, supported by a fag-end buying in market heavyweights Reliance Industries, ICICI Bank and HDFC Bank.After a muted opening, the BSE benchmark swung between gains and losses before settling 271.50 points or 0.38% higher at 71,657.71. The index hit a low of 71,110.98 and a high of 71,733.84 during the session.The Nifty advanced 73.85 points or 0.34% to 21,618.70.”The weakness in global indices continued to weigh down the domestic indices with every up move. The market is looking for fresh triggers for a direction, and the release of U.S. and Indian inflation data may provide a…
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