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Sensex ends higher as rupee recovers from life-low


(Reuters) - Indian shares ended higher on Wednesday, snapping two sessions of declines, after the rupee recovered sharply following reports that will review economic situation over the weekend and that a rate hike is not ruled out.

Rupee recouped to 71.90 against the U.S. dollar, from a record low of 72.92 hit earlier in the session.

Investors are also awaiting August later in the day.

The broader NSE closed 0.73 percent firmer at 11,369.90 while the benchmark BSE Sensex ended 0.81 percent higher at 37,717.96.

(Reporting by in Bengaluru; Editing by Vyas Mohan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 12 2018. 15:59 IST