Sensex reclaim 26000 marks

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Markets staged a recovery in late trades to end higher, ahead of the expiry of July derivative contracts, with investors also awaiting the outcome of the US Federal Reserve’s meeting later in the day.

The S&P BSE Sensex gained nearly 0.4% or 96 points at 26087 level while the CNX Nifty edged higher by 42 points or 0.5% at 7,791.40 level.

The Indian rupee closed at 60.06 compared to the previous close of Rs 60.12 tracking gains in the domestic stock markets.