Sensex posts gain after volatile week
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Sensex posts gain after volatile week

By Reuters

  • 12 Oct 2018
Sensex posts gain after volatile week
Credit: Reuters

Indian shares jumped over 2 percent on Friday, the most since late May 2016, with a stronger rupee and an overnight fall in crude prices bringing some relief after the previous session's sharp sell-off.

The benchmark BSE Sensex rose 2.15 percent to 34,733.58, and closed the week 1 percent higher.

The broader NSE Nifty climbed 2.32 percent to 10,472.50, ending the week 1.5 percent higher.

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Both indexes posted their first weekly gain in six.

Tata Consultancy Services Ltd was the top drag on the Nifty, with shares falling 3 percent over margin concerns.

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