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Indian equity markets closed higher on Wednesday, with the Nifty 50 gaining 142 points to 26,052 and the BSE Sensex rising 513 points to 85,186. Technology stocks spearheaded the rally, with companies like HCL Technologies, Infosys, Wipro, and TCS showing significant gains. The Nifty Bank also closed positive. While midcap stocks advanced, smallcap stocks experienced a slight decline. Max Healthcare Institute was the top Nifty 50 gainer, whereas Tata Motors PV was the biggest loser.