In the late morning session, Indian equity benchmarks continued their rally, with the Sensex and Nifty trading near their intraday highs. Positive indications from other Asian markets aided major indices in maintaining their gains.

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On the global front, Asian markets were trading mostly in green with Nikkei 225 surging 322.20 points or 1.12% to 28,998.66, Straits Times rose 16.65 points or 0.54% to 3,120.89, Taiwan Weighted jumped 114.61 points or 0.63% to 18,163.55, KOSPI added 5.26 points or 0.18% to 3,004.81 and Jakarta Composite advanced 26.60 points or 0.40% to 6,602.04. On the flip side, Hang Seng fell 11.87 points or 0.05% to 23,211.89, and Shanghai Composite was down by 5.65 points or 0.16% to 3,610.32.

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The Sensex is presently trading at 57868.77, up 448.53 points or 0.78% from a low of 57683.24 and a high of 57889.66. On the index, there were 27 stocks that advanced and 3 stocks that declined.

The broader indices were trading in the green, with the BSE Midcap index up 0.92% and the Small-cap index up 1.40%.

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The top gaining sectoral indices on the BSE were Capital Goods up by 1.62%, Industrials up by 1.46%, Consumer Discretionary up by 1.41%, Consumer Durables up by 1.37%, and Realty up by 1.34%, while there were no losing sectoral indices on the BSE.

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The top gainers on the Sensex were Asian Paints up by 2.44%, Tech Mahindra up by 1.93%, Larsen & Toubro up by 1.89%, Mahindra & Mahindra up by 1.70%, and HCL Tech. up by 1.68%. On the flip side, Indusind Bank down by 0.44%, Power Grid down by 0.44%, and Dr. Reddy’s Lab down by 0.21% were the top losers.

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The Nifty is presently trading at 17225.70, up 139.45 points or 0.82% after ranging between 17163.65 and 17230.45. On the index, 47 stocks advanced while only three declined.

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The top gainers on Nifty were Asian Paints up by 2.56%, Eicher Motors up by 2.34%, Tech Mahindra up by 1.95%, Larsen & Toubro up by 1.87%, and Ultratech Cement up by 1.82%. On the flip side, Indusind Bank down by 0.58%, Power Grid down by 0.32%, and Dr. Reddy’s Lab down by 0.23% were the top losers.