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Sensex Gains 440, Nifty Nears 8750 as Banks, Autos Zoom; Bharti Airtel Slips 3%

Asian stocks rose this morning, from a three-week low, following gains in U.S. shares.

Traders at the trading floor of Motilal Oswal Financial services Ltd. (Photographer: Vivek Prakash/Bloomberg)
Traders at the trading floor of Motilal Oswal Financial services Ltd. (Photographer: Vivek Prakash/Bloomberg)
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HT Media Soars 20% After Block Deal

Shares of the media firm rose as much as 19.7 percent to Rs 93, biggest gain since May 2009 after about 3.62 million shares changed hands on the NSE, according to Bloomberg data.

The stock is the best performer on the S&P BSE 500 index.

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Closing Bell

The S&P BSE Sensex gained 1.6 percent to 28,343; while the Nifty also climbed 1.6 percent to 8,744, most since July 11.

The market breadth was encouraging at 1,009 advances, 576 declines and 270 stocks remaining unchanged. Barring the S&P BSE Telecom index, all other 18 sectoral gauges advanced on the exchange.

Sensex Gains 440, Nifty Nears 8750 as Banks, Autos Zoom; Bharti Airtel Slips 3%
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Europe Stocks Rebound From Drop, Poised for 2nd Monthly Gain

Sensex Gains 440, Nifty Nears 8750 as Banks, Autos Zoom; Bharti Airtel Slips 3%

European stocks climbed, extending a monthly advance, as a weaker euro boosted exporters. All industry groups advanced except commodity producers. (More details HERE)


Sensex Gains 440, Nifty Nears 8750 as Banks, Autos Zoom; Bharti Airtel Slips 3%
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