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The
Indian Stock Market is gaining strength bit by bit. The Sensex is up 74.99
points at 27565.58 and the Nifty is up 19.75 points at 8351.70. About 1275
shares have advanced, 864 shares declined, and 136 shares are unchanged. ONGC,
Tata Steel, TCS, L&T and Vedanta are top gainers in the Sensex. Cipla,
Bharti Airtel, Bajaj Auto, Coal India and HDFC are losers.
However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.4 percent each. Advancing shares outnumbered declining ones by a ratio of 1052 to 754 on the BSE. HDFC, ITC, Infosys, Mahindra & Mahindra, Bharti Airtel, Bajaj Auto, Cipla, NTPC and Coal India lost 1-2 percent while Tata Steel topped the buying list on Sensex, up 3.4 percent. TCS, Larsen & Toubro, ONGC, HUL, Vedanta and Hindalco gained 1-2 percent.
The Information Technology (IT) shares are in limelight today; after US-based Cognizant Technology Solutions Corporation raised its revenue and profit forecasts for the year ending 31 December 2015.The BSE IT index has gained 0.3 percent 10,615. Core Education & Technologies has soared almost 6 percent at Rs. 8.36. Nucleus Software Exports, NIIT and Mind Tree have surged 3 percent each at Rs. 214, Rs. 37.20 and Rs. 1,298, respectively.
However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.4 percent each. Advancing shares outnumbered declining ones by a ratio of 1052 to 754 on the BSE. HDFC, ITC, Infosys, Mahindra & Mahindra, Bharti Airtel, Bajaj Auto, Cipla, NTPC and Coal India lost 1-2 percent while Tata Steel topped the buying list on Sensex, up 3.4 percent. TCS, Larsen & Toubro, ONGC, HUL, Vedanta and Hindalco gained 1-2 percent.
The Information Technology (IT) shares are in limelight today; after US-based Cognizant Technology Solutions Corporation raised its revenue and profit forecasts for the year ending 31 December 2015.The BSE IT index has gained 0.3 percent 10,615. Core Education & Technologies has soared almost 6 percent at Rs. 8.36. Nucleus Software Exports, NIIT and Mind Tree have surged 3 percent each at Rs. 214, Rs. 37.20 and Rs. 1,298, respectively.
