Benchmark indices BSE Sensex and NSE’s Nifty 50 gained on Wednesday, snapping a two-day losing streak led by gains in pharma and auto stocks. Asian stocks rebounded from recent losses as investors sought bargains, a day after the spectre of a US-China trade war rattled global markets, but significant uncertainty around the trade outlook is capping gains, reported Reuters. Oil prices stayed on their downward slope ahead of a key Opec meeting. Bond yields fell after RBI announced an open market purchase of bonds, while the rupee strengthened against the US dollar.
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