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Aug 06, 2012, 03.43 PM IST
Indian equity benchmarks extended gains in last one hour of trade led by further rally in index heavyweight Reliance Industries that gained nearly 6%.
15:02
Top commercial vehicle maker Tata Motors and infrastructure company Jaiprakash Associates surged 3.75%. State-owned power equipment manufacturer BHEL, gas transportation services provider GAIL and steel producer Tata Steel rallied 2% each. Reliance Infrastructure and Kotak Mahindra Bank gained 3% each. However, oil marketing company BPCL tanked more than 2% as WTI crude rose nearly 5% and Brent crude went up 3% on Friday. In the second line shares, BOC India, Fresenius Kabi, Honeywell Automation, Anant Raj Industries and Gujarat State Petronet jumped 5-8% while DB Corp, Glodyne Tech, S Mobility, KSK Energy Ventures and Parsvnath lost 3-6%. On the BSE, advancers outnumbered decliners by 1674 to 1044. The Midcap Index moved up 0.7% and Smallcap up 1%.
13:56
The BSE Sensex advanced more than 1%, even after it erased somewhat gains due to profit booking. The broader markets too pared some gains as the gap between advance and decline ratio trimmed to 2:1 from 5:1 in early trade.
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