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Indian benchmark indices record gains on Tuesday

Indian benchmark indices record gains on Tuesday

India Blooms News Service | 31 Aug 2016, 12:39 am
Mumbai, Aug 30 (IBNS): The Indian market got a boost on Tuesday with positive global cues, improvement in FII inflow and the central bank's optimistic statement about economic growth in India, media reported.

Sensex was up 440.35 points  to 28343.01, recording a fresh 13 month closing high, while Nifty rose 136.90 points to 8744.35, its highest closing level since April 15, 2015.

The Reserve Bank of India, on Monday, said that the Indian economy is likely to grow at 7.6 percent in FY17 but quashed hopes of further repo rate cut.

Key stocks that gained on Tuesday were Bajaj Auto, Asian Paints, Maruti, ICICI Bank, Wipro, Hindustan Unilever, Sun Pharma, Lupin, TCS, ONGC, Infosys, ITC Ltd, Cipla, Power Grid, NTPC, Dr Reddy's, GAIL and HDFC Bank.

Image:Wikimedia Commons

Indian benchmark indices record gains on Tuesday

India Blooms News Service
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