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Indian shares rise on IT boost, Fed


Reuters
3 minute read
People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. REUTERS/Hemanshi Kamani/File photo
BENGALURU, July 29 (Reuters) - Indian shares rose on Thursday after three straight sessions of falls, led by IT and banking stocks, and as global investor sentiment calmed after the U.S. Federal Reserve set no timeline for tapering.
By 0409 GMT, the blue-chip NSE Nifty 50 index (.NSEI) was up 0.25% at 15,749.25 and the benchmark S&P BSE Sensex (.BSESN) was 0.30% higher at 52,601.32. Both indexes ended about 0.2% lower on Wednesday.
Shares of Maruti Suzuki (MRTI.NS) fell 2.25% after the country s top carmaker missed estimates for quarterly profit margins on Wednesday as rising raw material costs eclipsed a robust revival in demand for its vehicles. read more ....

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Sensex opens over 200 points higher, Nifty gains on IT boost


Sensex opens over 200 points higher, Nifty gains on IT boost
Sensex opens over 200 points higher, Nifty gains on IT boost
Benchmark market indices Sensex and Nifty opened stronger on Thursday as IT and bank stocks provided a boost.
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UPDATED: July 29, 2021 10:22 IST
The IT index was up 0.7%, led by HCL Tech , Tech Mahindra and Oracle India, all up between 1.2% and 2.5%. (Photo: Reuters)
Indian shares rose on Thursday after three straight sessions of falls, led by IT and banking stocks, and as global investor sentiment calmed after the U.S. Federal Reserve set no timeline for tapering.
By 9:39 am, the blue-chip NSE Nifty 50 index was up 0.25% at 15,749.25 and the benchmark S&P BSE Sensexwas 0.30% higher at 52,601.32. Both indexes ended about 0.2% lower on Wednesday. ....

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Oracle India exec, wife booked in cheating case

Oracle India exec, wife booked in cheating case
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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