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The 30-stock benchmark Sensex ended the day at 26,840.50; up 359.25 points.
The broader 50-share Nifty closed the session at 8,124.45; up 102.05 points.
29 stocks on the Sensex ended the day in green. Sectorally, IT and capital goods were the top gainers, gaining over 2% each. BHEL was the top gainer on Sensex, up 4%.
Cairn India ended the day 6% up on Nifty as Brent crude prices breached $66/barrel-mark.
Sensex surged over 450 points in intraday trade after US index provider MSCI Inc, in a relief to Indian markets, said that it will hold off including China A shares in one of its key benchmarks, but expects them to be included once outstanding market accessibility issues are resolved.
Geoff Lewis, independent economist said that the deferment of inclusion of China A shares in MSCI was warranted. The expert feels that the development will bring value to Indian stock market.
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