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Sensex rises more than 2 percent to biggest gain in two weeks

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Reuters MUMBAI

MUMBAI (Reuters) - India's stock markets gained more than 2 percent on Thursday, heading for their biggest daily gains in two weeks, as upbeat global equity markets sparked a wave of bargain-hunting ahead of the expiry of derivative contracts at the end of the session.

The benchmark BSE Sensex gained as much as 2.11 percent and was up 1.8 percent as of 1335 India time (0805 GMT), heading for its biggest daily percentage gain since Aug. 14.

The broader Nifty rose as much as 2.14 percent and was up 1.8 percent.

(Reporting by Karen Rebelo; Editing by Rafael Nam)

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First Published: Aug 27 2015 | 3:01 PM IST

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