Sensex opens at record high, up 200 pts , Nifty hits 10,400

Equity benchmarks as well as Nifty Bank started off Wednesday's trade with record highs, backed by banks, metals and telecom stocks. The rally was after the World Bank said India's rank on 'ease of doing business' scale has risen from 130th to 100th this year, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution.

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