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BSE Sensex gains around 400 points; banks surge

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Reuters MUMBAI
Last Updated : Oct 18 2013 | 1:56 PM IST

MUMBAI (Reuters) - The BSE Sensex rose to its highest since November 2010, while the Nifty rose over 2 percent on Friday to mark its highest level in nearly five months, as lenders such as ICICI Bank surged on value buying after recent losses.

ICICI Bank Ltd gained 3.5 percent, while HDFC Bank Ltd rising 3.1 percent.

The Nifty was up more than 100 points, while the Sensex was up more than 400 points at 1:50 p.m. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

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First Published: Oct 18 2013 | 1:53 PM IST

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