Sensex and Nifty50 rally as market capitalisation adds Rs 4 lakh crore

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Indian benchmark indices climbed sharply in afternoon trade, with the Nifty50 at 23,724.00 and up about 1.21%. The BSE Sensex stood at 76,722.16, gaining roughly 1.36% on the day. The upswing lifted the combined market capitalisation of BSE-listed companies by nearly Rs 4 lakh crore. The total market value of those firms reached about Rs 486 lakh crore following the gains.

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