MUMBAI, Oct. 31 (Xinhua) -- Indian markets closed higher Wednesday.

Wednesday's session has ended on a strong note, with the Sensex soaring over 500 points. Pharmaceuticals joined the bandwagon as well and a combination of all these factors boosted the market.

The benchmark S&P, BSE Sensex closed at 34,442.05, up 550.92 points, or 1.63 percent, compared to its previous close at 33,891.13. Enditem