Sensex rallies over 700 points to close at 34,734; Nifty above 10,450

On the 30-share BSE pack, all the stocks traded in green apart from Tata Consultancy Services (TCS), which tanked as much as 3.07 per cent. On NSE, Nifty Metal, Realty, Auto and FMCG were among the top performing sub indices gaining as much as 3.98 per cent.

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