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Banking stocks lead gains

Banking stocks lead gains
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First Published: Wed, Mar 23 2011. 11 00 AM IST
Updated: Wed, Mar 23 2011. 11 00 AM IST
Mumbai: After a flat opening, buying in banking stocks helped Indian stocks gain ground in morning deals. The government on Tuesday introduced the Banking Amendment Bill in Parliament.
This helped investors’ shrug-off the mixed global cues. After gaining for the last couple of trading sessions Asian markets are trading mixed on Wednesday. Investors are booking profits in Japanese and South Korean stocks.
Sensex: 18,173, +1.03%
Nifty: 5,470, +1.05%
Nikkei: 9,512, –0.99%
Topix: 865, –0.33%
All sectoral indices on the BSE are trading up. Banking, pharmaceuticals and capital goods stocks are leading the gains.
BSE Bankex: 12,386, +1.22%
BSE Health Care: 5,916, +0.98%
BSE Capital Goods: 12,558, +0.95%
Private and small banks are leading the gains.
ICICI Bank: Rs 1,026, +2.26%
Kotak Mahindra Bank: Rs 433, +2.79%
IndusInd Bank: Rs 251, +2.49%
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First Published: Wed, Mar 23 2011. 11 00 AM IST
More Topics: Markets update | Banking | Asia | Oil | US stocks |