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The BSE benchmark gained 18.51 points at 17,254.69 and the NSE benchmark rose 5.3 points to 5,234.30. However, the broader markets outperformed benchmarks - BSE Midcap and Smallcap indices were up over 0.8%.

Country's largest lender State Bank of India rallied 1.66% while its rivals HDFC Bank and ICICI Bank were down 0.6% and 0.2%, respectively.