ECONOMY ANALYSIS:
Govt raises duty on gold, silver; hopes to get Rs 4830cr
M&M Q1 net up 29% to Rs 938 cr on other income
Hopeful Chakan plant strike would end in 2 days: Bajaj Auto
Tata Steel rail contract to link S Arabia's two holy cities
Sunil Bharti Mittal's remuneration down 10% to Rs 22.55 cr
Sebi revokes restrictions on Essar Ports
MARKET ANALYSIS:
The Sensex rose 1.5 per cent on Tuesday, marking their biggest single-day gain in almost a month, as IT shares such as Infosys rose to a 28-month high on optimism about the sector's business.
Additional measures by the Indian government since Monday, aimed at attracting capital inflows into a weak economy and to control a wide current account deficit, were also seen boosting sentiment.
NSE's benchmark for banking shares fell 16.3 per cent in four consecutive weekly falls, as of Thursday's close.
The government on Tuesday also raised the import duty on gold to 10 per cent from 8 per cent and that on silver to 10 per cent from 6 per cent.
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