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Sensex closes near day's high, up 222 points

Wednesday, September 16, 2009 (16:27:44) Tags: business, Indian equities, Sensex, BSE, NSE Mumbai: A key index of Indian equities markets today continued its rally for the second consecutive day and closed around the day's high on the back of strong buying of me tal and bank stocks. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 16,498.59 points, closed at 16,677.04 points (provisional), up 222.59 points or 1.35 percent. The index that traded in the green throughout the day hit an intra-day high of 16,700.56 points and a low of 16,498.59 points. The benchmark index had gained 240 points in Tuesday's trade. Similarly, the Nifty of the National Stock Exchange (NSE) also ended in the positive zone at 4,962.95 points, up 1.45 percent from the last close. Broader market indices also made gains, with the BSE midcap index closing 1.45 percent higher and the BSE smallcap index up 1.1 percent.(IANS)