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The BSE benchmark Sensex recovered by over 116 points in early Tuesday trade as power sector stocks surged on fresh buying by funds and retailers after the government cleared proposal to restructure debt worth nearly Rs. 2 lakh crore for state electricity boards.
Wide-based National Stock Exchange index Nifty moved up by 33.10 points, or 0.58 per cent, to 5,702.70.
Wide-based National Stock Exchange index Nifty moved up by 33.10 points, or 0.58 per cent, to 5,702.70.
In the power sector, stocks of Tata Power rose by 2.03%, Reliance Power gained 2.55 per cent, NTPC gained 1.44% and Adani Power up by 5.14%.
In Asian region, Japan's Nikkei was up by 0.21%, while Hong Kong's Hang Seng index losses 0.20%.
The US Dow Jones Industrial Average ended 0.15% lower in yesterday's trade.
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