Markets end marginally higher

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Mumbai, May 18: Benchmark indices Sensex and Nifty ended marginally higher on Monday after facing sharp losses in intraday trade, supported by value buying in IT and select blue-chip counters.
However, a weak rupee against the US dollar and rising global crude prices amid escalated tensions in West Asia capped the gains, traders said.
In an extremely volatile trade, the 30-share BSE Sensex increased by 77.05 points, or 0.10 per cent, to settle at 75,315.04. During the day, it tanked 1,134.78 points, or 1.50 per cent, to 74,180.26.
A total of 3,034 stocks declined while 1,264 advanced and 194 remained unchanged on the BSE.
The 50-share NSE Nifty edged higher by 6.45 points, or 0.03 per cent, to end at 23,649.95. (PTI)

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