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Indices trade higher with Nifty around 16,200; L&T, Axis Bank, NTPC top gainers

Benchmark indices were trading higher with Nifty around 16200.
The Sensex was up 251.74 points or 0.46% at 54430.20, and the Nifty was up 70.80 points or 0.44% at 16203.70. About 1784 shares have advanced, 870 shares declined, and 125 shares are unchanged.

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