Indian equity markets closed higher Wednesday, with the Sensex rising 130 points to 77,185 and the Nifty gaining 26 points to 24,079, buoyed by strength in banking and auto stocks. ICICI Prudential Life surged 3% after beating value-of-new-business expectations, while broader markets outperformed benchmarks. Metal and IT stocks faced pressure, with cement and power equipment sectors leading gains.
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