India, Sept. 16 -- Despite data showing an acceleration in the nation's consumer price inflation in the month of August, U.K. stocks gained notable ground in positive territory on Wednesday thanks to strong buying in mining and bank stocks.

Easing oil prices and lower global bond yields helped lift sentiment even as worries about Middle East tensions lingered. Investors awaited the U.S. Federal Reserve's monetary policy announcement due later in the day, and the Bank of England's rate decision on Thursday.

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