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Sensex surges over 1 pct; blue chips gain on rupee recovery

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex rose over 1 percent in a volatile session on Friday, marking its highest close in nearly two weeks, as blue chips surged tracking a rebound in the rupee for a second day ahead of April-June GDP data.

HDFC Bank Ltd provisionally rose 3.5 percent, while Tata Consultancy Services Ltd ended 4.3 percent higher after marking its all-time high at 2,050 rupees.

The benchmark BSE index provisionally rose 1.25 percent, rising for a third consecutive session, while the broader NSE index ended 1.16 percent higher.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

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First Published: Aug 30 2013 | 3:50 PM IST

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