Indian stocks rebound 1.42%

13:07, May 10, 2010      

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Indian main stock index Sensex surged 1.42 percent or 238.73 points in the early session of Monday led by metal, realty and banking shares.

Sensex opened at 16,799.49 points on Monday, 30.38 points higher from previous close of 16,769.11.

All of the sectors saw gains except health care sector with 5. 35 percent slump of drug maker Cipla.

Metal, realty, banking and consumer durables gain 2.63 percent, 2.07 percent, 1.79 percent and 1.63 percent, respectively.

Reliance Infrastructure, Tata Steel, copper maker Sterlite Industries and aluminum producer Hindalco lead the increase up 3.4 percent, 3.15 percent, 3.02 percent and 2.64 percent, respectively, after 37 minutes of trading.

Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.



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