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Sensex rises 139 pts, Nifty holds 13,500

Key indices settled with modest gains after hitting a record high level on Friday. The Nifty managed to close above 13,500 level. PSU and metal stocks were in demand while pharma and IT shares declined. As per the provisional closing data, the S&P BSE Sensex, rose 139.13 points or 0.3% at 46,099.08. The Nifty 50 index gained 28.55 points or 0.21% at 13,506.85. The Sensex hit a record high of 46,309.63 while the Nifty 50 scaled a fresh record high of 13,579.35 in morning trade. In the broader market, the S&P BSE Mid-Cap index gained 0.15% while the S&P BSE Small-Cap index was up 0.51%. The market breadth was positive. On the BSE, 1,757 shares rose and 1,209 shares fell. A total of 152 shares were unchanged.

Brian Howey: Time to step up for our Hoosier restaurants, bars

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