Sensex posts biggest weekly gain since Nov 2013

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Reuters MUMBAI
Last Updated : Feb 28 2014 | 4:05 PM IST

MUMBAI (Reuters) - The BSE Sensex rose for a fifth consecutive session on Friday to post its strongest weekly gain this year after blue chips such as Tata Motors rose to a record high on heavy buying by foreign investors.

Tata Motors provisionally rose 3.7 percent after marking its record high at 418.20 rupees, while Lupin ended 3.9 percent higher after earlier hitting an all-time high of 1002.40 rupees.

The Sensex provisionally closed up 0.43 percent. It rose 1.8 percent for the week, the strongest weekly performance since the week ended on November 29, 2013.

The Nifty ended up 0.49 percent.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

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First Published: Feb 28 2014 | 3:58 PM IST

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