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15.07.2015 admin
BSE Sensex rose over 134 points in early trade today on value-buying by investors in selective stocks amidst optimism over the upcoming Budget.
Besides, covering-up of short positions by speculators also helped stocks to recover, they added. Other gainers which supported the key indices include Maruti Suzuki, Tata Steel, RIL, Hero MotoCorp, Hind Unilever, ITC Ltd, ICICI Bank, NTPC, Coal India and Bajaj Auto.
Globally, a mixed trend in Asia and a slightly better trend in European markets influenced trading sentiments here. Sectorwise, the BSE Capital Goods Index gained the most by surging 2 per cent, followed by Metal index 1.68 per cent.


The stock ended the day 7.36 per cent down and was the worst performer on both the benchmark indices.
The stock had fallen about 8 per cent on Wednesday over concerns of slowdown in China, which is world's biggest base metals consumer.
HUL: Shares of Hindustan Unilever fell over 3 per cent in intraday trade, extending fall for the second straight day.
TCS: Shares of Tata Consultancy Services fell about 3 per cent in intraday trade, a day after the company announced the Q1 results. The stock had surged over 14 per cent in in intraday trade, taking its two-day gains to about 30 per cent after the lenders agreed to recast the company's loan of around Rs 30,000 crore under a scheme of the Reserve Bank of India (RBI).


Monnet Ispat: Stocks of Monnet Ispat & Energy hit their upper circuit limit of 20 per cent in intraday trade after the company informed BSE that it has entered into a non-binding pact with JSW Energy for a possible stake sale in an arm, Monnet Power Company.




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