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Mumbai: Reversing its five-day losing streak, the benchmark Sensex surged 317 points and the NSE Nifty reclaimed the 8,500-mark today amid positive developments on US election front as the FBI said Hillary Clinton would not face charges over her use of a private email server.
Short-covering of bets by speculators also supported the upmove.
The 30-share index, which had lost 667.36 points in the previous five sessions, rallied by 317 points, or 1.16 per cent, at 27,591.15.
All the sectoral indices, led by healthcare, metal and realty stocks were trading in positive zone, giving the sentiment a lift.
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