Indian benchmark equity indices rebounded sharply and ended higher on Wednesday, led by heavyweights HDFC Bank and Reliance Industries after Goldman Sachs set a Street-high target price. Oil marketing companies also helped boost sentiment as a drop in crude oil prices aided hopes of sustained refining margins.
The 30-share BSE benchmark Sensex advanced 526 points or 0.73% to settle at 72,996. The broader NSE Nifty gained 119 points or 0.54% to end at 22,124.
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