Sensex up over 250 pts, Nifty inches towards 10,600; banks, IT lead

Benchmark indices extended rally on the back of positive global cues. The Sensex gained more than 250 points and the Nifty is inching towards 10,600 levels.

However, Midcap and Smallcap indices were mildly lower. ICICI Bank, HDFC and Infosys were top three positive contributors’ Nifty50 gains, rising 1.5-3 percent

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