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The Sensex is up 106.63 points at 36549.17, while Nifty is up 50.30 points at 11037.80.
Vedanta, IOC, ITC, Bharti Airtel are among major gainers, while Bharat Forge and RIL are losers in the pre-opening trade.
Crude Update: Oil prices fell more than 0.5 percent on Wednesday as bullish output forecasts by two big U.S. producers outweighed recent OPEC-led efforts to rein in crude production.
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