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BSE Sensex gains nearly 1.5 pct,ITC,Axis Bank shares surge

BSE Sensex rose 1.35 pct,marking its fourth consecutive day of gains.

Written by Reuters | Mumbai | Published: September 2, 2013 4:11 pm

BSE Sensex rose on Monday to its highest close in nearly 2-1/2 weeks as some blue chips recovered from recent steep falls while ITC Ltd shares jumped after a UBS report said the company had raised prices for some of its cigarette brands.

ITC Ltd shares provisionally rose 3.4 percent while Axis Bank shares ended 4.2 percent higher.

The BSE Sensex provisionally rose 1.35 percent (266.41 pts),marking its fourth consecutive day of gains,while the broader NSE Nifty ended 1.38 percent (78.95 pts) higher.

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