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Mumbai: A key index of Indian equities markets shot up after the announcement of strong industrial output and closed the day at 384.01 points above its previous close.

The 30-scrip benchmark index of the Bombay Stock Exchange, Sensex, which opened at 16,687.32 points, was ruling at 17,011.96 points (provisional), up 368.92 points or 2.22 percent.

The S&P CNX Nifty of the National Stock Exchange (NSE) also climbed up to 5,046.75 points, up 2.00 percent.

Broader market indices were also in the green, with the BSE midcap index ruling 1.19 percent higher and the BSE smallcap index up 0.99 percent.