Sensex posts biggest single-day gain in over one month

Indian shares rose more than 1 percent on Wednesday, recovering from earlier falls to post their biggest single-day percentage gain since July 10, reflecting upbeat mood across global markets ahead of minutes of the U.S. Federal Reserve`s latest meeting.

The benchmark BSE Sensex closed up 1.02 percent at 31,770.89, recovering from an earlier fall of as much as 0.16 percent to gain for a second consecutive session.

The broader NSE Nifty ended 1.05 percent higher at 9,897.30, rebounding from an earlier decline of as much as 0.21 percent.

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