Sensex Climbs Over 1,000 Points as Nifty50 Nears 23,000 on Broad Buying

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Indian equities rallied on Monday morning, with the benchmark indices posting strong gains. Buying interest in information technology, banking and consumer stocks drove the upswing in market sentiment. By 10:36 AM, the Nifty50 stood at 22,915.15, up 292 points or 1.29 percent. The BSE Sensex traded at 73,777.19, gaining 995 points or 1.37 percent over the previous close. The advance brought the Nifty50 close to the 23,000 mark.

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