Stock Market: Sensex gains 462 points, Nifty settles at 16,373

At the stock markets, after a positive opening in the morning trade, the Sensex at the Bombay Stock Exchange continued to consolidate gains and was trading 462 points, or 0.9 percent, higher, to trade at 54,789, in the afternoon trade, a short while ago. The Nifty at the National Stock Exchange climbed 106 points, or 0.7 percent, to 16,373.

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