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Sensex crosses record high of 43,700; auto stocks rise

On sector-specific basis, healthy buying has been witnessed in healthcare, auto and banking stocks so far

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Photo for representational purpose

Photo for representational purpose

Strong FII inflows along with domestic political developments sustained the bull run in the Indian stock markets during Wednesday's pre-noon trade session, with the Sensex crossing a record high of 43,700 in initial trade.

In addition, better-than-expected quarterly results, faster economic recovery as per high frequency data, and development of a COVID-19 prevention vaccine that has reached an advanced stage boosted buyers' sentiments.

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