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Indian shares rebound after worst session in four years on narrow Modi win

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Photo: Reuters
Photo: Reuters
By Reuters

BENGALURU: Indian shares edged up on Wednesday, after posting their worst day in over four years in the previous session on a narrow win for Prime Minister Narendra Modi’s alliance.

The NSE Nifty 50 index rose 0.7% at 22,032.65 points as of 09:15 a.m. IST, and the S&P BSE Sensex was up 0.7% at 72,582.

Modi’s Bharatiya Janata Party lost its outright majority in parliament in a surprise election verdict.

Indian shares post worst day in 4 years as polls show unexpectedly narrow Modi win

The benchmarks closed nearly 6% lower each on Tuesday.

Indian shares

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