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Sensex Rises 257 Points On Global Cues; Nifty Ends Above 10,800

Indian shares rallied on Friday, mirroring firm cues from global markets as better-than-expected Eurozone PMI data as well as easing worries over Italy and Greece helped improve investors' appetite for risk.

Traders also kept an eye on oil price movements as OPEC members and Russia meet in Vienna to reach a preliminary agreement on output.

The benchmark BSE Sensex ended up 257.21 points or 0.73 percent at 35,689.60, with financials and healthcare stocks pacing the gainers. The broader Nifty index rose by 80.75 points or 0.75 percent to 10,821.85.

Indiabulls Housing Finance, Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance and Sun Pharma climbed 3-4 percent in the Nifty pack, while Eicher Motors, Coal India, UPL, Reliance Industries and HPCL dropped 1-2 percent.

AstraZeneca Pharma soared 10 percent after it received marketing approval for a cancer drug in India. IDBI Bank rallied nearly 2 percent on stake sale reports.
Heavyweight Reliance Industries lost 2 percent after a huge block deal.

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