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Sensex up 66 points

February 07, 2014 10:16 am | Updated May 18, 2016 06:44 am IST - Mumbai

The Sensex on Friday rose for the fourth straight day and ended 66 points up at one-week high levels led by gains in Tata Steel, Sun Pharma and Sesa Sterlite, amid volatility ahead of advance growth estimates for 2013/14.

The index, which had gained 101 points in the previous three days, rose further by 65.82 points, or 0.32 per cent, to end at 20,376.56. Intra-day, the barometer touched a low of 20,282.30 and a high of 20,450.51. Today’s close was the highest since 20,513.85 on January 31.

Twenty stocks gained in the 30-share BSE benchmark. Tata Steel (6.39 per cent), Sesa Sterlite (3.66 per cent) and Sun Pharma (2.80 per cent) were among winners. The ten laggards included TCS, Hindustan Unilever, Wipro, BHEL and ITC.

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The 50-scrip NSE index Nifty rose by 26.90 points, or 0.45 per cent, to end at 6,063.20 -- the third day of rise.

Intra-day, it touched a low of 6,030.90.

Markets remained volatile amid expectations that the government would lower the GDP growth estimate for the last fiscal below 5 per cent, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio Limited.

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The results of US jobs data and any surprises on GDP growth estimate by the government would be key triggers for the market going forward, he added.

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