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Sensex recovers 101 pts on better earnings

The Sensex resumed higher at 19,306.67 and hovered in a range of 19,428.94 and 19,284.40 before ending at 19,387.50 showing a net gain of 100.78 points or 0.52 per cent from its last weekend’s level.

Written by PTI | Mumbai | Published: April 30, 2013 2:56 am

The BSE benchmark Sensex today recovered by 101 points led by fresh buying in blue-chips such as Hindustan Unilever Ltd,ITC,ONGC and ICICI Bank on better earnings and expectations of monetary policy support by the Reserve Bank of India amid a firming global trend.

The Sensex resumed higher at 19,306.67 and hovered in a range of 19,428.94 and 19,284.40 before ending at 19,387.50 showing a net gain of 100.78 points or 0.52 per cent from its last weekend’s level.

The NSE index Nifty also rose by 32.65 points,or 0.56 per cent,to 5,904.1.

Brokers said trading sentiment improved on reports of better quarterly earnings by HUL,Hero MotoCorp,ICICI Bank and Maruti Suzuki.

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