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| "Stock Market" |
Stock Market is extending profit after a shaky start of morning. The market slipped into the red after initial small gains.Stock Market fluctuated in the morning but it soon regained positive zone.The large cap indices edged lower amid about of volatility in mid-morning trade.
The market struck a fresh intraday high in afternoon trade. The market swung between gains and losses in choppy mid-morning trade.
The key benchmark extended gains to strike fresh intraday highs in afternoon trade after Prime Minister Dr. Manmohan Singh said the economy is in good shape.
The Sensex moved between the positive and negative region in morning trade.
The BSE 30-share Sensex was up 47.26 points or 0.26%, up 104.94 points from the day's low and off 37.78 points from the day's high.
The BSE Mid-Cap and Small-Cap indices outperformed the Sense.
Performance of big indices :
- Index heavyweights Reliance Industries (RIL) edged higher.
- Banking stocks were mixed.
- Metal stocks were in demand on fresh buying.
- Larsen & Toubro pared initial gains.
- Steel giant Tata Steel surged 3% on strong Q3 results.
- FMCG and capital goods stocks rose.
- Telecom stocks were mixed.
- Sugar stocks fell.
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