Sensex soars 440 pts, Nifty ends at fresh 16-month closing high

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Positive global markets today indicated that likely Fed rate hike by end of 2016 is already priced in. Most Asia markets ended higher on positive lead from Wall Street, while Japanese shares edged down in a muted reaction to better-than-expected economic data. European benchmarks like France's CAC and Germany's DAX were up nearly 1 percent at the time of writing this article.



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