The BSE's most watched Sensex ended at 16483.45, up 359.99 points. The 30-share index touched intraday low of 16430.61.
National Stock Exchange's Nifty closed at 4936.85, up 104.80 points or 2.17 per cent. The broader index touched a high of 5011.90 in daytrade today.
BSE Midcap Index closed up by 0.97 percent and BSE Smallcap Index also gained 0.43 percent.
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