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The benchmark indices ended
higher on Thursday as the rupee pared some of its intra-day losses and recovered after
hitting a new all-time low.The S&P BSE Sensex ended at 38,243, up 224 points while the broader Nifty50
index settled at 11,537, up 60 points.Among sectoral indices, Nifty Pharma index settled 2.7 per cent higher led by
Aurobindo Pharma and Biocon.In individual stocks Reliance Industries
(RIL) rose 2.7 per cent higher to end the day at Rs 1,259 on the BSE.
Shares
of Wipro were up for the seventh straight day, rising to Rs 322, up 1% on the
BSE.In past three trading
days, the stock has risen 4% after the information technology (IT) services
firm on Sunday announced that it has won its largest contract to date from
US-based human resources (HR) and financial solutions company Alight Solutions
LLC. The stock hit a high of Rs 328 during intra-day trade on Monday, September
3, 2018.The deal will fetch it around $1.6 billion in revenue over 10 years.
