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Sensex gains 351 pts ahead of Fed rate decision; Nifty above 19,750; RIL, L&T, ITC rally


Ahead of the US Federal Reserve’s monetary policy decision later in the day, Indian equity indices closed higher on Wednesday, boosted by gains in index heavyweights Reliance, L&T, ITC, and Infosys. The benchmark BSE Sensex rose 352 points, or 0.53%, to 66,707.2, while the broader NSE index jumped 98 points to 19,778. From the Sensex pack, L&T and ITC were the top gainers, rising 2-3%. Sun Pharma, Reliance Industries, Kotak Bank, Axis Bank, SBI, and Infosys also closed higher. Whereas, Bajaj Finance, Bajaj Finserv, M&M, Tech Mahindra, and Asian Paints closed in the red.



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