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Sensex, Nifty End Choppy Session Higher

Indian shares ended a choppy session modestly higher on Thursday, helped by fag-end buying in banking and IT stocks.

The benchmark S&P BSE Sensex ended the session up 170.42 points, or 0.42 percent, at 40,286.48 while the broader NSE Nifty index rose by 30 points, or 0.25 percent, to 11,870.45.

Maruti Suzuki, HDFC Bank, Bajaj Finance, Infosys and ICICI Bank rose 1-3 percent in the Nifty pack.

Investors shrugged off data showing that India's wholesale inflation rose 0.16 percent year-on-year in October, after a 0.33 percent increase in September. Economists had expected a 0.24 percent fall.

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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