Indian equity benchmark indices Sensex and Nifty staged a fag-end recovery to close higher on Wednesday ahead of the Reserve Bank's policy meet outcome.
At the closing bell, the 30-share BSE Sensex settled with gains of 174.84 points or 0.43 per cent at 40,850.29. The index swung between a high of 40,886.87 and a low of 40,475.83 during the day.
The 50-scrip NSE Nifty closed 43.10 points or 0.36 per cent higher at 12,037.30.
Among the Sensex stocks, Tata Motors emerged as the top gainer, rising by 7 per cent. Yes Bank, ICICI Bank, Vedanta Ltd and Tata Steel were among the gainers.
On the other hand, L&T, Reliance Industries, Maruti, asian Paints and Bajaj Auto dropped.
Sectorally, BSE metal index rose the most by 1.66 per cent, followed by bankex and IT indices.
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