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Sensex posts biggest percentage gain in about seven weeks

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Reuters MUMBAI
Last Updated : Nov 19 2015 | 3:48 PM IST

MUMBAI (Reuters) - Indian shares rose over 1 percent on Thursday, posting their biggest single-day percentage gain in nearly seven weeks, tracking higher Asian markets on bets the U.S. Federal Reserve would raise rates in December but proceed cautiously on more tightening.

The Sensex ended 1.41 percent higher, its biggest single-day percentage gain since Oct. 5.

The Nifty gained 1.43 percent, also its biggest single-day percentage gain since Oct. 5.

(Reporting by Karen Rebelo in Mumbai; Editing by Anand Basu)

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First Published: Nov 19 2015 | 3:40 PM IST

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