Sensex gains around 200 points; IT stocks, RIL lead - Reuters India

Fri Dec 20, 2013 12:16pm IST

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• Reuters Market Eye - The BSE Sensex gains 0.84 percent and the broader Nifty is up 0.8 percent. Software services firms' stocks gain after Accenture Plc (ACN.N) said it expected its consulting business to turn the corner as orders rise, building on...
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A man walks past the Bombay Stock Exchange (BSE) building in Mumbai December 5, 2013.

Credit: Reuters/Danish Siddiqui

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Reuters Market Eye - The BSE Sensex gains 0.84 percent and the broader Nifty is up 0.8 percent.

Software services firms' stocks gain after Accenture Plc (ACN.N) said it expected its consulting business to turn the corner as orders rise, building on strength in its outsourcing unit, while reporting better-than-expected quarterly results.

Tata Consultancy Services ltd (TCS.NS) gains 1.5 percent, Infosys Ltd (INFY.NS) up 0.7 percent, HCL Technologies Ltd (HCLT.NS) rises 0.68 percent, Wipro Ltd (WIPR.NS) adds 2.5 percent, while Tech Mahindra ltd (TEML.NS) surges 4.29 percent.

Reliance Industries Ltd (RELI.NS) gains 2.18 percent after the government allowed the company to charge higher prices for gas from April.

(Reporting by Abhishek Vishnoi)

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