Sensex closed at 16849, up 409 points and NIFTY at 5004 CNX Midcap index was up 2.15% and BSE Smallcap index up 1.60%.Top Nifty gainers included Sterlite Industries, Reliance Infrastructure and JP Associates while losers were BPCL and Idea Cellular.
Analyst expect to see a good IIP(Index of Industrial Production) number tomorrow.
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