Sensex, Nifty recover over one percent

The Sensex and the Nifty on Wednesday recovered more than one percent. Both stocks gained amid mixed cues from the global equity markets. The Sensex closed above 56,900 and the Nifty settled above 16,950.
The BSE Sensex climbed 612 points, or 1.09 percent to trade at 56,931. The NSE Nifty also rose 185 points, or 1.1 per cent, to trade at 16,955.

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