Tracking gains in other global equity markets, Indian equity indices closed in the green zone, led by the gains in banking, financial and I.T. stocks.
The 30-share Sensex ended 685 points higher at 57,920. Its broader peer, Nifty50, ended at 17,186, up 171 points.
Also, in focus is the 20th National Congress of the Chinese Communist Party. The party’s 20th congress opens in Beijing on Sunday and will bring together more than 2,000 delegates from across the country. It will close a week later with the unveiling of the party’s new leadership, which is set to again be headed by President Xi Jinping.
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