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Jul 12, 2012, 08.23 AM IST

Sensex gains on reform hopes

SENSEX-GAINS-ON-REFORM-HOPES:Sensex gains on reform hopes

Source: Reuters
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11:00
Reuters Market Eye - The Sensex gains 0.25 percent, while Nifty also adds 0.26 percent, after Prime Minister Manmohan Singh summoned officials on Wednesday to formulate an economic revival plan.


Sensex gains on reform hopes
Infrastructure shares rise on continued hopes for more measures in this sector: Bharat Heavy Electricals rises 0.7 percent, while Larsen & Toubro adds 0.6 percent.


However, Tata Motors shares fall 1.35 percent, a day after the auto maker said it will shut down one of its factories for three days this week.


Trading is expected to be volatile on derivative expiry day, rollovers key.


(manoj.dharra@thomsonreuters.com)


10:23
Nifty moves around 5150; NTPC, Tata Power up 1.7%
The 50-share NSE Nifty has been moving around the 5150 level and the 30-share BSE Sensex around the 17000 level since yesterday. Even major Asian markets like Shanghai and Hang Seng were flat while Nikkei gained 1.4%.

Read More »

09:14
Nifty flat ahead of settlement; Tata Motors down 1%Read More »
The BSE Sensex and NSE Nifty opened flat for third consecutive session on Thursday as investors remain cautious ahead of European Union summit scheduled for June 28-29 in Brussels. Asian markets too were mixed in trade.

Read More »

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