Sensex closed 273 points

Sensex closed 273 points

 Sensex closed 273 points, or 0.71 percent, higher at 38,900.80 and Nifty settled 83 points, or 0.73 percent higher at 11,470.25.

Mid-caps outperformed as their sectoral index on BSE closed 1.16 percent higher. BSE Smallcap index closed 0.54 percent up.