Breaking the five day losing streak, Indian benchmark equity indices rose on Wednesday primarily due to value buying.

In the past five sessions, the Sensex and Nifty declined almost 4 per cent.

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High inflation amid rising crude prices weighed on the investors sentiment in the past few sessions, said analysts.

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At 10.42 a.m., Sensex was at 56,873.00, up 409.85 points or 0.73 percent, whereas Nifty was at 17,089.15 points, up 130.50 points or 0.77 per cent.