Sensex sprints to 20K level, retreats
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- Tanzanian student targeted because she was black, says envoy
- Supreme Court tells BCCI: Fall in line, Lodha panel report deserves respect
- Adarsh scam: CBI gets Maha Governor's nod to prosecute Ashok Chavan
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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