Sensex up 434 points 16 454 and the Nifty gained 138 points to close at 4997.
Asian markets up 0.5 per cent due to strong domestic market at the open. In early trading the markets pick up, and the Nifty crossed the 4900 level of the key.
Also, the excise duty on diesel cars on the auto industry and the Ministry of Finance will be meeting.
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