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Mumbai, July 6 (PTI) Market broke its perpetual choppiness on the back of buoyant global cues and witnessed across-the-board buying with the benchmark CNX-Nifty rallying over 53 points on the National Stock Exchange (NSE) today. The global markets took a turnaround from their recent lows, positively impacting trading at the domestic bourses. Taking cues from the Asian markets, trading commenced on a firm note and gradually gained momentum. A strong opening on European bourses provided further fillip, sparking an all- round hectic buying. "The market is in a cheery mood as the earning seasons would start this month, with expectations running high from Q1 results," traders said. The 50-share index moved in a range of 5,297.45 to 5,231.50 before closing at 5,289.05, a net gain of 53.15 points, or 1.02 per cent, over its last close. Sun Pharma, M&M, TCS, HDFC Bank and Jindal Steel were the top five gainers. RCom, Reliance Power, JP Associates, ACC and Hero Honda were the losers from the Nifty pack. The total turnover in the cash segment improved to Rs 10,068.57 crore from Rs 7,765.05 crore yesterday. A total of 5,731.85 lakh shares changed hands in 50,06,917 trades. Market capitalisation stood at Rs 62,18,570 crore. PTI EDM PAK RSY.
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