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Nifty, Sensex end 1% higher ahead of January F&O expiry

Sensex rallied as much as 252 points today led by gains in Bajaj Auto, M&M, Adani Ports and L&T

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<a href="http://www.shutterstock.com/pic-146496278.html" target="_blank">Image</a> via Shutterstock

Pranati Deva New Delhi
Benchmark indices settled on a higher note with Nifty 50 holding 8,450 level ahead of expiry of January derivative contracts tomorrow and Union Budget that will be presented on February 1
 
Analysts are hoping for a budget that delivers some incentives to support an economy that has been hit by India's shock move to ban higher-value banknotes.
 
Sensex rallied as much as 276 points today led by gains in Bajaj Auto, M&M, Adani Ports and HDFC Bank.
 
The S&P BSE Sensex settled the day at 27,376, up 259 points, while the broader Nifty50 ended 84 points higher