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Indian Shares Recover Led by IT Gains

Indian shares rebounded on Friday led by IT firms after Tech Mahindra posted upbeat quarterly earnings. However, rising oil prices and US inflation kept broader gains in check.

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FILE PHOTO: A guard stands at the gate of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas/File Photo

India's Nifty 50 rose 0.62% to 23,140.75 on Friday morning, led by a 3% jump in the IT index following strong quarterly results.
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