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Sensex settles 449 points higher at 40,432

Equity indices finished higher on Monday with the benchmark BSE sensex rising nearly 450 points led by gains in banking stocks amid positive global cues. The 30-share BSE index surged 449 points or 1.12 per cent to close at 40,432; while the broader NSE Nifty finished 111 points or 0.94 per cent higher at 11,873.

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