Sensex, Nifty, Midcap up over 1%; rupee gains past 64/$

The 30-share BSE Sensex rose 346.47 points or 1.30 percent to 26945.58 and the 50-share NSE Nifty climbed 98.90 points or 1.23 percent to 8156.20. The BSE Midcap and Smallcap indices gained 1.3 percent and 1.6 percent, respectively.

The rupee also recovered, gaining past 64 a dollar mark. The currency appreciated by 26 paise to 63.97 a dollar.

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Posted in: Indian Market Tips