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*4 hours 16 min* ago

p align=justifyStock markets on Tuesday (October 21) rose for the second day
in a row with the benchmark Sensex registering a gain of 460 points on heavy
buying in consumer durables, realty and Information Technology counters. The
Bombay Stock Exchange (BSE) barometer closed the day at 10,683.39, higher by
460.30 points, or 4.5 per cent, from its last close. The wide-based National
Stock Exchange (NSE) index Nifty also spurted by 112.10 points at 3234.90.
brbrMarket men said the sentiment was boosted by market regulator Sebi's
remarks that it disapproved of overseas investors short-selling equities
using offshore derivatives. They said major players and general investors
resorted to buying on expectations that the government might take more
market friendly measures. Many also anticipate investor friendly measures by
RBI in its monetary policy later this week. brbrA firming global trend in
the backdrop of US officials moving towards a second fiscal stimulus package
also played a part, they said. Consumer durable stocks surged on
expectations of sales of household items picking up during the ongoing
festival and marriage season. Its index rose by 8.95 per cent at 2271.82,
the maximum among all indices. Realty sector index was a close second at
8.32 per cent at 2632.93 points. brbrInformation technology stocks gained
6.03 per cent at 2906.83, as sector majors Infosys Technologies rose by Rs
50.55 at Rs 1,348.35, Tata Consultancy Services by Rs 63.95 at Rs 561.10 and
Satyam Computers by Rs 28.45 at Rs 317.45. brbrTeck index rose by 101.64
points at 2282.64 after stocks of Oracle Fin rose by Rs 43.85 at Rs 489.35,
Rcom by Rs 26.10 at Rs 258.20, NDTV by Rs 3.90 at Rs 101.85, Sun TV by Rs
6.70 at Rs 173.40 and Zee Enterprises by Rs 2.95 at Rs 147.75. The oil and
gas index recorded a 251.78 points gain at 6774.28 as market heavy Reliance
Industries shot up by Rs 75.75 at Rs 1,397 and Aban Offshore by Rs 44.95 at
Rs 1111.60. brbrThe metal sector index surged by 214.40 points at 6101.76,
Bank index by 146.51 points at 5842.23, power index by 73.18 points at
1751.40, FMCG index by 59.78 points at 1957.36, auto index by 50.75 points
at 3123.27, PSU index by 54.04 per cent at 5268.67 and Healthcare index by
43.33 points at 3303.82. The Small-cap index moved up by 83.46 points at
4196.28, and Mid-cap index by 80.89 points at 3587.24. brbr(With inputs from
agencies)/p

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