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May 15, 2012, 05.15 PM IST
BSE-SENSEX-LT-INFOSYS-UP:BSE Sensex gains; L&T, Infosys up
13:16
Infosys gains 2 percent, other software services exporters also gain as traders price in impact from a weakening rupee, which on Tuesday fell to as much as 54.15, not far from a record low of 54.30 hit in December, before RBI is suspected to have intervened.
12:55
The BSE Sensex stayed higher with more than 100 points gains in afternoon trade due to consistent buying in L&T and Infosys. ICICI Bank, State Bank of India and Reliance Industries too were helping the market. European markets opened 0.5% higher on the back of short covering.
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