The BSE Midcap and Smallcap indices gained 1 percent each. The market breadth remained positive as about two shares advanced for every share falling on Bombay Stock Exchange.
Bank Nifty topped buying list, rising 2.5 percent or 400 points as ICICI Bank, SBI and Axis Bank surged 2-4 percent. Tech Mahindra surged more than 7 percent after a 18 percent rise in Q4 profit.
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