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BSE Sensex rises after two days of falls

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Reuters MUMBAI
Last Updated : Jan 20 2014 | 3:46 PM IST

MUMBAI (Reuters) - The BSE Sensex rose on Monday, snapping a two-session losing streak, as software services exporters gained after Wipro posted solid earnings and joined domestic rivals in giving a positive outlook for the sector.

Wipro shares provisionally closed up 3.78 percent after the company said late on Friday it is eyeing more lucrative financial industry contracts from Europe and the United States to catch up with its bigger rivals and looks to grow its sales by up to 4 percent in this quarter.

The Sensex provisionally rose 0.61 percent to 21,192.88, while the broader Nifty closed 0.67 percent higher at 6,303.95.

(Reporting by Indulal PM; Editing by Subhranshu Sahu)

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First Published: Jan 20 2014 | 3:41 PM IST

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