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Why Sensex & Nifty-50 Bounce Back After 4-Day Slide

Sensex and Nifty-50 opened higher and continued their gains today, Sept 4, rebounding after 4 consecutive days of losses. Positive global cues, a strong rally in Asian markets and easing expectations of a US Federal Reserve rate hike boosted investor sentiment. Lower bond yields and gains in IT further supported the stock market, despite elevated crude prices.