The Sensex closed up 50 points at 31,159.40. The Nifty also rose to 9,635.30, as the buying spree continued initially The BSE Sensex jumped 111 points to cross 31,220 in early trade. NTPC was up 3.2% while Dr Reddy’s gained 2.3%, HeroMoto 2.2%, Lupin and ICICI Bank 1.9% each. Indian share benchmarks touched record highs on Tuesday and closed up 0.2% as investors booked profits after some dismal fourth-quarter results by some companies like Coal India and BHEL.

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