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The Intraday market is celebrating Diwali with some
sparkling gains. The Sensex is up 233.40 points or 0.9 percent at 26809.05, and
the Nifty is up 70.05 points or 0.9 percent at 7997.80. About 453 shares have
advanced, 81 shares declined, and 6 shares are unchanged. Wipro, Hindalco, Tata
Motors, TCS and Sesa Sterlite are top gainers in the Sensex.
The Indian rupee has opened at 61.15 a dollar, up 16 paise
compared to previous day's closing value of 61.31 per dollar on hopes of strong
trade in equity market. Global cues, meanwhile, are positive with the Wall
Street rally continuing with the S&P 500 and the Nasdaq Composite extending
the gains into the fourth day.
Software services exporter Wipro is expected to
report a 2.45 percent growth in second quarter dollar revenue at USD 1,783
million (on Wednesday) compared to USD 1,740.2 million in previous quarter.European
markets too saw significant gains as well on European Central Bank stimulus
hopes Asian markets too are trading in the green.
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