The markets witnessed volatile trades during Tuesday's session, as
they reacted to reports that the Government will not target
Participatory Notes (P-notes) under the new General Anti-Avoidance
Regulation (GAAR) regulations. One out of four tests, including
abnormality test and main purpose test, have to be satisfied in order
to invoke GAAR, reports suggest.

The BSE Sensex ended at 17,257.36, up 204.58 points and the Nifty
ended at 5243.15, up 58.90 points. During the day, the NSE benchmark
index had touched that day's high at 5277.95 and the day's low at
5164.20......

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