The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
Both the key indices had climbed to lifetime highs yesterday as well.
Covering up of pending short positions by speculators on the expiry of the October derivatives contracts helped the index recover in the last hour of trade, brokers said.
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