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Sensex surges over 317 pts on the back of IT, metals

Stocks led by the information technology and metal sectors pushed up the Bombay Stock Exchange benchmark Sensex by over 317 points on expectations that earnings growth will recover as the market has nearly bottomed out.

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Stocks led by the information technology and metal sectors pushed up the Bombay Stock Exchange benchmark Sensex by over 317 points on expectations that earnings growth will recover as the market has nearly bottomed out.

The Sensex, which had lost nearly two per cent in the last three trading sessions, bounced back to close 317.45 points up at 11,134.99, after touching the day's high of 11,203.28.

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