A key Indian equities index managed to maintain its gains Wednesday afternoon and was ruling 1.16 percent higher than Monday’s closing figure.

Around 2 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 17,117.9 points, was ruling at 17,224.34 points -- 197.67 points or 1.16 percent higher than Monday’s close of 17,026.67 points.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too was trading in the positive at 5,112.3 points, up 1.15 percent.

Mid-to-small capitalised company scrip were also in favour with buyers, with the BSE midcap index trading 1.55 percent higher and the BSE small-cap index moving up 1.35 percent.

Indian equities markets were closed Tuesday due to Maharashtra assembly elections.

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