Sensex sprints to 20K level, retreats
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The bull run at the markets continued for the second straight session on Tuesday after the government announced its decision to defer the implementation the general anti-avoidance rules (GAAR) by two years on Monday.
The BSE Sensex crossed the 20,000 level after two years but settled a tad lower at 19,986.82, still over 80 points higher, as lower-than-expected inflation numbers bolstered the case for a cut in interest rates and prospects for good corporate results added vigour to the rally.
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