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Equities spurt on Asian cues as new coronavirus cases drop

Equities spurt on Asian cues as new coronavirus cases drop

Wednesday, February 19, 2020, 9:47 PM

Equity benchmark indices ended four-days of losing streak as worries about the coronavirus epidemic ebbed in Asian markets after a slight decline in the number of new-cases. Investors hoped that officials will roll out more stimulus to support the world's second-largest economy. The BSE S&P Sensex closed 429 points or over 1% higher at 41,323 while the Nifty-50 edged up by 138-points to 12,130.
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