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FDI Equity inflows
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Country's largest telecom company Bharti Airtel on Tuesday reported a 30.5 per cent jump in its March quarter's net profit at Rs 1,255 crore, buoyed by a robust customer growth and rise in mobile data revenue. (PTI)
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Snapping its three-day losing streak, the Sensex opened on a strong footing at 27,215.61 and rose further to 27,365.72 in early trade on emergence of value-buying. However, it succumbed to profit-booking and slipped into the negative zone to touch a low of 27,073.25, but staged a strong comeback on a flurry of buying in last one hour to hit the session's high of 27,482.14 before settling 219.39 points or 0.81 per cent higher at 27,396.38.
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The benchmark BSE Sensex on Tuesdayreversed its three-session fall by rising 219 points to settle at 27,396.38 as blue-chips ICICI Bank and Maruti Suzuki jumped on better-than-expected earning numbers.
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The Indian rupee strengthened by 12 paise at 63.36 against the US dollar in early trade on Tuesday at Interbank Foreign Exchange on increased selling of the American currency by exporters. Forex dealers said besides selling of the Greenback by exporters, a higher opening in the domestic equity market, supported the rupee.
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Gold prices surged ahead to its highest level in nearly two months at the domestic bullion market here following aggressive buying by jewellery stockists and traders along with good seasonal uptick.
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Bollywood actress Juhi Chawla and actor Sohail Khan at an event in Mumbai on Tuesday
Central banks now hold more gold than US Treasuries for the first time in 30 years
