India, April 16 -- After opening on a buoyant note and making a further move up north, the benchmark BSE Sensex has pared some gains Thursday morning due to a bit of profit taking but remains firmly placed in positive territory.

The mood in the market is a bit bullish thanks to strong global cues amid expectations a fresh round of peace talks between the U.S. and Iran scheduled to take place this week will help end the ongoing conflict in Middle East.

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