On the strength of bullish signs from other Asian markets, Indian equities indexes continued to pare gains in the late morning session but managed to remain in the green.

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On the global front, Asian markets were trading higher with Hang Seng increased 242.41 points or 1.01% to 24,238.13, Shanghai Composite gained 36.53 points or 1% to 3,702.88, KOSPI rose 8.50 points or 0.28% to 3,018.73, Straits Times advanced 7.32 points or 0.23% to 3,142.93, Jakarta Composite soared 21.74 points or 0.33% to 6,674.66, Taiwan Weighted strengthened 30.96 points or 0.17% to 17,857.22 and Nikkei 225 surged 244.24 points or 0.86% to 28,682.01.

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The BSE Sensex is presently trading at 58898.26, up 111.59 points or 0.19% from its previous close of 58885.87. On the index, there were 21 stocks that advanced and 9 stocks that declined.

The wider indexes were trading in the green, with the BSE Midcap index up 0.41% and the Small-cap index up 0.85%.

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The top rising sectoral indexes on the BSE were Metal up 1.28%, Power up 1.11%, Realty up 1.05%, Consumer Durables up 1.04 percent, and Bankex up 1.03%, while Energy was down 0.98%, FMCG was down 0.16%, and Oil & Gas was down 0.09%.

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The top gainers on the Sensex were Axis Bank up by 3.03%, Tech Mahindra up by 2.87%, Power Grid up by 1.92%, Maruti Suzuki up by 1.48%, and NTPC up by 1.19%. On the flip side, Bajaj Finance down by 2.23%, Reliance Industries down by 1.50%, Nestle down by 1.22%, Bajaj Finserv down by 0.99%, and Mahindra & Mahindra down by 0.88% were the top losers.

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The Nifty is presently trading at 17551.90, up 40.60 points or 0.23% after ranging between 17547.40 and 17639.50. On the index, there were 33 stocks that advanced and 17 stocks that declined.

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The top gainers on Nifty were Axis Bank up by 2.97%, Tech Mahindra up by 2.85%, Hindalco up by 2.70%, SBI Life Insurance up by 2.00%, and Power Grid up by 1.92%. On the flip side, Bajaj Finance down by 2.21%, Reliance Industries down by 1.50%, Nestle down by 1.14%, Bajaj Finserv down by 0.97%, and Mahindra & Mahindra down by 0.88% were the top losers.

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