Thursday, April 17, 2008

Indian shares jump; Sensex led by banks, technology firms

: North American Indian shares rose sharply Thursday, propped up by additions in Banks and engineering companies.

The Greater Bombay Stock Exchange's benchmark 30-stock Sensex climbed 237 points, or 1.5 percent, to 16,481 points within an hr of opening.

On the broader National Stock Exchange, the 50-company S&P Bang-Up index rose 71 points, or 1.5 percent, to 4,958 points.

Banks posted strong additions with HDFC Depository Financial Institution Ltd. prima the pack. HDFC Depository Financial Institution closed 7 percentage up at 1,396 rupees, followed by ICICI Depository Financial Institution Ltd. advancing 2.4 percentage at 835 rupees, State Depository Financial Institution of Republic Of India was up 1 percentage at 1,683 rupees.

Technology companies rose with Infosys Technologies Ltd. up 4.2 percentage at 1,666 rupees, Satyam Computer Services Ltd. up 3.3 percentage at 469 rupees, Tata Consultancy Services Ltd. advanced 2.7 percentage to 1,001 Sri Lanka Sri Lanka Sri Lanka Sri Lanka rupees and Wipro Ltd. up 2.7 percentage at 459 rupees. Today in Business with Reuters

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