New Delhi, July 23 -- Indian equities closed Wednesday's trade higher, supported by gains in large banking heavyweights and a rebound in Reliance Industries after a four-day slump, which helped the front-line indices to end the session with gains of over 0.50%.

After witnessing lackluster activity earlier, the Nifty rose 0.7% to 25,230 points, while the S&P BSE Sensex surged 0.72% to 82,777 points. However, broader markets remained mixed, as weakness in the small-cap segment persisted. The Nifty Smallcap 100 index closed flat, while the Nifty Midcap 100 index managed to end the session with a 0.3% gain.

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