23:10
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The market trimmed its early gains with the Sensex rising 61.30 points to 27518.88. The Nifty managed to hold 8350, up 13.85 points at 8356.
The broader markets marginally gained too with the advance:decline ratio at 1001:787 on the Bombay Stock Exchange. Reliance Capital, Gulshan Poly, SBI, Garware Poly, Axis Bank, HDFC, Bharti Airtel and Infosys were most active shares on exchanges.
Top IT exporters TCS and Infosys gained more than 2 percent after Accenture raised its 2015 outlook for revenue growth to 8-10 percent in local currency. IT firm sees Q3 revenue in range of USD 7.35-7.6 billion.
However, HDFC, ITC, Axis Bank, Sun Pharma, Mahindra & Mahindra, HUL, Dr Reddy’s Labs, Hero Motocorp and Bajaj Auto declined more than 1 percent.
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Posted in: Indian Market Tips
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