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Intraday Equity benchmarks rebounded in morning
trade with the Sensex rising 45.46 points to 26077.84 and the Nifty climbing
25.45 points to 7906.15. The market breadth also improved, resulting further
upside in broader markets. About 1233 shares have advanced against 732 shares
declined on the Bombay Stock Exchange.
The BSE Midcap index rose 0.7 percent and Smallcap gained 1 percent. Lupin
extended gains to 3 percent on getting approval from US Food and Drug
Administration for anti-inflammatory drug Diclofenac Sodium. Reliance
Industries, TCS, ONGC, Wipro, NTPC and Bajaj Auto rose 1-2 percent.
The Intraday market breadth was positive as about 991 shares have advanced
against 795 shares declined on the Bombay Stock Exchange. Infosys, TCS and
Reliance Industries turned positive, rising marginally. Lupin, ONGC, Wipro,
Bajaj Auto, NTPC, Coal India and GAIL gained 1-2 percent. However, ICICI Bank,
HDFC, ITC, HDFC Bank, Axis Bank, SBI and HUL declined 0.5-1 percent.
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