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The blue-chip indexes Nifty and Sensex surged to new all-time highs on Friday on the back of gains in IT services firms, as their results and commentary surpassed expectations. This positive performance helped alleviate concerns about weak demand in the market. The BSE Sensex rose 847.27 points to settle at a record 72,568.45, while the Nifty index surged by 247.35 points to a record high of 21,894.55.
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