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The market rebounded after two-day correction and clocked eight-tenth of a percent gains on December 19. In fact the equity benchmarks recovered all their previous day's losses, led by short covering and positive mood among the European peers.

The BSE Sensex rallied more than 460 points to 61,806, while the Nifty50 rose over 150 points to 18,420 and formed bullish candle on the daily charts, led by auto, FMCG, metal, and select banking & financial services stocks.

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