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Sensex surges to 34,000 mark, Nifty jumps 1%, rupee recovers

New Delhi, Feb 23: After a distinguished volatility last week, the stock market indicates traded on an emphatic note on Friday evening.

On Friday, the Sensex trading up 322.65 points to close at 34,142.15, and the Nifty close to 10,500 marks.

The market was all positive, with 1894 shares driving against a drop of 829 shares. 208 shares continued unchanged.

Shares of Sun Pharma, Tata Steel, UPL, Tech Mahindra, and Vedanta were up about three to six percent.

While, Asian Paints, GAIL, Eicher Motors, Infosys, HUL, and M&M were down by one percent. 

Shares stretched gains in the beginning bell also, with Nifty clocking in 10,400 in the first few minutes of the forenoon deals.

Sensex was up 98.71 points at 33918.21, and Nifty was up 36.40 points at 10419.10, at the opening bell.

The Indian rupee too bounced from Thursday's three-month lows, rising to as much as Rs 64.84 against the US dollar.

Meanwhile, Gold prices moved on Friday and were headed for their distinctive weekly drop in 2.5 months as the dollar strengthened during the week.

Spot gold was down 0.2 percent at USD 1,328.90 an ounce as of 0338 GMT.

US gold futures were down 0.1 percent at USD 1,331.2 per ounce.

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