Sensex rallies over 400 points; Nifty jumps 116 points

Equity benchmark BSE Sensex rallied over 400 points this morning. The 30-share index was trading 414 points higher at 38,294. Similarly, the broader NSE Nifty jumped 116 points to 11,350.

Meanwhile, the rupee appreciated 15 paise against its previous close to trade at 70.92 in early session.

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