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The S&P BSE Sensex rallied as much as 149.60 points in trade on Thursday, led by gains in Infosys, Axis BankBSE -0.05 %, TCS and Tata MotorsBSE 0.38 %.

 
Tracking the momentum, the 50-share Nifty index also managed to head higher and reclaimed its crucial psychological level of 8900, supported by gains in consumer durable, oil & gas, capital goods and auto stocks.

 
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