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Nifty ends at three-month closing high

People look at a large screen displaying India's benchmark share index on the facade of the Bombay Stock Exchange (BSE) building in Mumbai May 19, 2009. REUTERS/Punit Paranjpe/Files (Reuters)

MUMBAI (Reuters) - Indian stocks marked their highest close in more than three months on Wednesday, driven by value-buying in beaten-down stocks, while the adoption of a select committee report on a key national tax bill in parliament also helped. The Nifty gained 1.22 percent, while the Sensex ended the day 1.15 percent higher; their highest close since April 16. (Reporting by Karen Rebelo; Editing by Prateek Chatterjee)