The 30-share BSE Sensex was up 400.89 points or 1.42 percent at 28702.16 and the 50-share NSE Nifty rose 95.60 points or 1.09 percent to 8873.60.HDFC Bank surged 8.41 percent as RBI says restrictions placed on purchase of bank shares by foreign portfolio investors withdrawn immediately. The rally also spilled over to HDFC that gained 2.63 percent. Axis Bank, Kotak Mahindra Bank and ICICI Bank surged 1-2 percent.
The Indian Currency slipped in the early trade today. It has opened lower by 5 paise at 67.12 per dollar versus previous close 67.07. More Information visit : www.paceresearchindia.com Call : 8817774774
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