October 1, 2010 2:25 PM

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Sensex surges 279 points

Extending its gains for the second straight session, the Sensex at the Bombay Stock Exchange jumped 116 points, to 20,185, in opening trade, this morning, on sustained buying by foreign funds, amid a firm Asian trend. Surging even higher, the Sensex stood 279 points, or 1.4 percent in the green, at 20,349, a short while ago. Other Asian markets in Japan, Indonesia, Taiwan, South Korea and Singapore were up by between 0.1 percent and 0.7 percent, as stronger-than expected economic data from China and the United States boosted confidence in the global economic recovery.

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