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Nifty and Sensex end higher after volatile trade; oil and auto stocks drive late-session recovery

Indian benchmark indices Sensex and Nifty recovered intraday losses to close higher on May 20. Gains in oil, gas and auto stocks supported the rebound, with Nifty ending at 23,659 and Sensex at 75,318. Analysts say markets remain range-bound ahead of key global cues

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Sensex rises 117 points, Nifty closes above 23,650 on Wednesday (Representational image)

Sensex rises 117 points, Nifty closes above 23,650 on Wednesday (Representational image)

Amid the concerning global concerns, Indian benchmark equity indices on Wednesday recovered all intra-day losses in the final hour of trade. Indian indices on May 20 ended the session on a positive note, supported by gains in oil and gas and auto stocks.

Nifty and Sensex closed in the green

As per IANS, the Nifty closed at 23,659, up 41 points, or 0.17 per cent. During the session, the index touched an intra-day high of 23,690.90 and a low of 23,397.30. The Sensex also ended near the day's high at 75,318.39, gaining 117.54 points, or 0.16 per cent.

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