Money on the markets

A maturing market amid the mayhem

Good run continues for Sensex

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MARKETS SOUTHASIA STOCKSThe stock market rally continued today with the benchmark climbing 340 points to 15,467, taking cues form strong global markets.

The 50-share Nifty gained over 100 points to close at 4,655.

Leading the rally were L&T, Reliance Industries, HDFC Bank and BHEL.

Satyam shares hit a 10 percent upper circuit for the second day in a row and closed at 73.5 rupees. Tech Mahindra rose over 5 percent after an over 25 percent rally on Tuesday.

Among sectoral indices, capital goods, power and banking registered smart gains. However, the realty index traded weak and ended down over 1 percent with HDIL, Sobha Developers and DLF slipping.

Shares of Everonn Systems surged over 27 percent.  In some mid-cap action, Asian Hotels jumped 20 percent and Prism Cement gained 15.8 percent.

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