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Sensex settles 193 points higher after TCS approves buyback

BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher

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bse, sensex, bull

Aprajita Sharma New Delhi
The benchmark indices on Monday settled the day higher as a sharp rally in information technology, telecom and metal stocks boosted the sentiment on Dalal Street even as global markets remained cautious. 

The S&P BSE 500 ended the day at 28,661, up 193 points, while the broader Nifty50 closed at 8,879, up 57 points. 

Broader markets mirroed the gains in headline indices with BSE Midcap and BSE Smallcap indices settling the day 0.7% and 0.9% higher. 

The market breadth, indicating the overall health of the market, was strong. On the BSE, 1,708 shares rose and 1,134 shares fell. A total