Sensex, Nifty end over 1% higher; key factors that led to mkt rally today

The 30-share index Sensex of BSE rallied 461 points or 1.35 per cent to settle at 34,761 while NSE's Nifty50 index reclaimed the crucial 10,450 level to shut shop at 10,460, up 159 points.

Markets made a solid comeback on Wednesday with the frontline indices Sensex and Nifty advancing over 1 per cent. 

The Sensex rallied 461 points or 1.35 per cent to settle at 34,761 while NSE's Nifty50 index reclaimed the crucial 10,450 level to shut shop at 10,460, up 159 points or 1.54 per cent. All the sectors except IT settled with decent gains. Nifty Bank index jumped 794 points or 3.24 per cent to 25,322.

The Nifty IT index cracked 1.47 per cent to 15,143, with 6 components in the red and 4 in the green.
 

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