The Intraday market continued to be volatile with a positive bias in
last hour of trade. The Sensex rose 115.11 points to 25756.67 and the Nifty
climbed 29.30 points to 7693.20. About 1688 shares have advanced, 1161 shares
declined, and 112 shares are unchanged.
The Indian rupee trades sideways today
but the government bond prices rose on reports that the RBI will notify an
increase in the FII open category investment limit for government debt investment
in the next two days.Housing finance company Housing Development Finance Corporation (HDFC) reported
a 14.7 percent growth.
MCX and Financial Technologies surged 4-7 percent as Kotak
Mahindra Bank agreed to buy a 15 percent stake in MCX for Rs 459 crore from
Financial Technologies. The deal values MCX at Rs 600 a share. Kotak Mahindra
Bank says that the bank will have no board seat or management control in MCX.
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