Tuesday, September 9, 2008

Equities pare losses tracking recovery in European shares

Equities recovered smartly on the back of significant gains in telecom stocks. Oil & gas stocks also edged higher after crude dipped further. But the banking and metal pack remained subdued. Advances in European markets also boosted market sentiment.

At 2:45 pm, Bombay Stock Exchange's Sensex was up 46.49 points or 0.31 per cent at a high of 14,991.46 from a low of 14,714.92.

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