Super day: Sensex up 359 pts, Nifty ends tad below 7850

Asian equities closed higher, boosted by a positive reaction from Wall Street overnight to the release of Federal Reserve's October meeting minutes that signaled a likely interest rate hike in December.

Market close: The market ended with strong gains. The Sensex ended up 359.40 points or 1.4 percent at 25841.92 and the Nifty is up 110.95 points or 1.4 percent at 7842.75. About 1782 shares advanced, 925 shares declined and 184 shares were unchanged. Bajaj Auto, GAIL, Infosys, HDFC and Vedanta were top gainers while Dr Reddy's Labs, Sun Pharma, Coal India and Axis Bank.

HDFC, Reliance Industries, Infosys, ICICI Bank, HDFC Bank, Maruti Suzuki, Bajaj Auto, L&T, SBI and Vedanta gained 1-3 percent. Dr Reddy's Labs remained under pressure, down 3 percent as the drug major is caught in a probe concerning possible violation federal security laws. Lundin Law PC has announced that it is investigating claims against Dr Reddy’s Laboratories concerning possible violations of federal securities laws. Sun Pharma fell over a percent.

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