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Markets seen rangebound amid rising covid cases; Wipro, Bajaj Auto in focus

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Also Read | India needs to learn from the Suez crisisOvernight, US stocks jumped to record highs with retail sales and weekly jobless claims data signalling an accelerating recovery in the world’s biggest economy.

Yields on benchmark 10-year Treasury notes dropped the most since February.Back home, investors will watch out the covid situation as daily virus infections crossed the 200,000 mark on Thursday.Within 48 hours of re-opening bookings for its electric scooter Chetak, Bajaj Auto on Thursday put the brakes as it stopped taking bookings due to supply chain uncertainties.

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