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Capital goods stocks rise

March 3, 2011

The BSE Capital Goods index rose 2.35 percent on Thursday, with stocks like Punj Lloyd and BHEL posting smart gains.

Punk Lloyd closed 4.7 percent higher, BHEL gained 3.3 percent and L&T ended up 3.2 percent.

Shares in L&T have gained nearly 10 percent this week, on optimism of higher order flow.

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