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Nifty holds 10,900, Sensex off day’s high, but still 300 pts up; HCL Tech, Airtel, TCS lead



a group of people in a park: Nifty IT index was top sectoral gainers, up 2.11 per cent led by Naukri, TCS, HCL Tech and Coforge.


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Nifty IT index was top sectoral gainers, up 2.11 per cent led by Naukri, TCS, HCL Tech and Coforge.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 gained over one per cent in Friday’s session, taking cues from Asian peers. BSE Sensex was trading up 414 points or 1.13 per cent at 36,967, while the broader Nifty 50 index reclaimed 10,900, gaining 132 points or 1.22 per cent. Barring Kotak Mahindra Bank, all the Sensex constituents were trading in the positive territory, with TCS as top gainer. TCS was trading up 3 per cent, followed by HCL Tech, IndusInd Bank, M&M, Bajaj-Auto, Infosys, HUL, ITC and Nestle India. The trend among the sectoral indices was positive. Nifty IT index was top sectoral gainers, up 2.11 per cent led by Naukri, TCS, HCL Tech and Coforge. Nifty FMCG index too gained 1.5 per cent on Friday. Major US indices gained in overnight trade on Wall Street. The Dow Jones Industrial Average closed up 0.20 per cent. The S&P 500 gained 0.30 per cent and the Nasdaq Composite added 0.37 per cent.

The second-largest asset management company by assets under management UTI Asset Management Company (AMC) is scheduled to open from Septemeber 29 to October 1. The price band has been fixed at Rs 552-554 per share. At the upper price band, this will translate to an issue size of Rs 2,160 crore. Also, state-owned defence firm Mazagon Dock Shipbuilders IPO will also open for subscription next week with a price band fixed at Rs 135-145 per share. The offer is expected to raise about Rs 444 crore at the upper end of the price band and at the lower range about Rs 413 crore.

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