Sensex powers to 23,000; ends up 650 points

BSE Sensex showed a sudden and unexpected surge, rallying more than 700 points in trade today, making a new life high of 23,048.49 even as the mood in the rest of Asian markets remained subdued. Tracking the momentum, the 50-share Nifty index rallied over 200 points in intraday trade to make its fresh record high of 6,871.35.
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