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    HomeNewsBusinessMarketsSensex rises 1.6 pct on firm Asia, reform hopes

    Sensex rises 1.6 pct on firm Asia, reform hopes

    Sensex rises 1.6 pct on firm Asia, reform hopes

    November 28, 2011 / 10:15 IST

    The BSE Sensex rose 1.6% in early trade on Monday as strong Asian markets and hopes the government will push more reforms after liberalising foreign investment in the retail sector.


    At 9:18 am (0348 GMT), the main 30-share BSE index was up 247.23 points at 15,940.27, with 25 all its components up.


    The 50-share NSE index was up 1.54% to 4,782.1 points.


    Last week, India approved 51% foreign direct investment in supermarkets, paving the way for firms such as Wal-Mart Stores Inc, Tesco and Carrefour to enter one of the world's largest untapped markets.

    first published: Nov 28, 2011 09:46 am

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