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Markets zoom. Ranbaxy, ICICI surge.

Markets have sky rocketed in the trade, taking Nifty to the 5000 level. The international liquidity move has spiralled gains in the Indian markets. The Sensex shot up more than 500 points in the opening trade. The European markets had all closed with significant gains on the indices.

The Rupee has also appreciated by 45 paise to see 51.74 against the US dollar.

Ranbaxy shot up over 10%. ICICI Bank, Sterlite, Hindalco, Tata Steel, SAIL, Tata Motors, JP Associates, BHEL, SBI, HDFC Bank, ICICI Bank, M&M, Bajaj Auto, Maruti and L&T surged 3-8%.

HDIL, Indiabulls Real, Delta Corp, HCC GMR Infra, Lanco Infratech, IVRCL and Pantaloon Retail rallied 4-8%.


 

 

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