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Stock Market Close: Sensex Gains 685 Pts, Nifty At 22,776

Indian stock benchmarks Sensex and Nifty closed higher on Tuesday, extending gains driven by buying in banking shares. The Sensex surged 685.34 points to end at 73,067.81, while the Nifty advanced 220.35 points to 22,776.10. Lower crude oil prices and easing US interest rate concerns boosted overall market sentiment.