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Indian shares rise, led by technology stocks
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Posted on
Apr 17 2008 12:42 AM
by
adeal
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Indian shares rose Wednesday, lifted by strong buying of technology stocks. The Bombay Stock Exchange's benchmark 30-stock Sensex rose 91 points, or 0.6 percent, to 16,244 points. On the broader National Stock Exchange, the 50-company S&P Nifty index rose 0.2 percent to 4,887 points. Technology stocks gained, taking comfort from Infosys Technologies Ltd.'s projection of higher-than-expected revenue growth in fiscal 2009. Infosys was up 5.9 percent at 1,600 rupees, followed by Wipro Ltd., up 5.4 percent at 447 rupees, and Satyam Computer Services Ltd., up 0.4 percent at 454 rupees.
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