Stocks close higher in rangebound session; Midcaps lag, PSU banks rally for sixth day

The benchmark BSE Sensex rose 91 points, or 0.11%, to settle at 83,697, while the broader NSE Nifty 50 edged up 29 points, or 0.11%, to close at 25,546, maintaining its psychological 25,500 mark. The Nifty Bank index climbed 154 points, or 0.27%, to end at 57,467, buoyed by sustained buying in public sector lenders.

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