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Share market HIGHLIGHTS: Sensex closes nearly 300 points higher, Nifty ends at 10,585; banks lead rally

The Sensex and Nifty gained for the third consecutive day on Tuesday riding on upbeat cues from the global markets, coupled with a recovery in the rupee and easing crude oil prices. Gains were led by banking stocks, followed by realty, auto, pharma, IT and metals stocks. The BSE Sensex closed Tuesday’s trade 297.38 points or 0.85%