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MARKET LIVE: Sensex up 300 pts, Nifty holds 18,550; IT, financials gain

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Key indices Nifty50 climbed over 20 points to trade above 18,500 levels, whereas the S&P BSE advanced over 100 points to trade at 62,231 levels.
Broader markets, meanwhile, outperformed benchmark indices as MidCap 100 and SmallCap 100 rose up to 0.5 per cent.
Barring FMCG index, all sectors swimmed in a sea of green. Nifty PSU Bank, Nifty Media, Nifty Metal indices gained up to 0.9 per cent.
Among individual stocks, shares of KEC International rallied 7 per cent after the company secured new orders worth of Rs 1,349 crore across its various businesses. READ MORE

Besides, shares of BGR Energy soared over 12 per cent after the company bagged Rs 330 crore order from Indian Oil Corporation.



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