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Patni computer rises


Shares in Patni Computer ended 8.2 percent higher at 494 rupees in a broader market which ended nearly 1 percent up.


Shares in the company rose on a newspaper report that L&T Infotech is in talks to acquire majority stake in the company.

Trading volume in Patni Computer, whose shares have gained almost 200 percent so far this year, stood at over 0.6 million shares.

Shares in L&T ended 0.2 percent lower at 1542 rupees.

Do you think Patni Computer is an attractive buy?

Sensex up 1.5 pct, Tech Mahindra jumps after winning Satyam bid


SATYAM/A rally in global markets today saw the BSE Sensex swing from being briefly negative in early deals to over 11,000 in the last hour of trade, before closing 1.5 percent up at 10,967.

The big news of the day was Tech Mahindra winning the bid for fraud-hit Satyam Computer.