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Nifty vaults past 22,400 as market stages dramatic rebound
Domestic equity benchmarks took a wild ride today, bucking the global trend and finishing nearly 1% higher despite early jitters. The day was volatile thanks to weekly index options expiry, sending the Nifty 50 bouncing off its lows of 22,054.55 to close above 22,400. Sectors like consumer durables, IT, and realty were hot, while PSU banks lagged behind. However, worries about FII selling and upcoming election results persist.