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Wipro rises 2%

Read more on:    Wipro | Q2fy10 | Dalal Street Spikes
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The scrip rose two per cent amid falling market to Rs 604.15 after the net profit of the company rose 19 per cent to Rs 1,162 crore in the second quarter of the current financial year, as compared to the same quarter a year ago.

The company beat market forecast as it won new outsourcing contracts and the pressure on fees eased.

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Market News

Mentha oil futures fall 0.87% on profit-booking

Oil for delivery in August lost 0.7%

Lead futures fall 0.26% on overseas trend, subdued demand

Market analysts said besides a weak trend in base metals at the LME, subdued demand put pressure on metal prices

Nickel down 0.4% on overseas trends, subdued demand

Metal for delivery in July also shed 0.38%

Crude palm oil down o.5% on low demand

Oil for delivery in July edged lower by 0.21%

Zinc down 0.28% on global cues, profit-booking

Metal for delivery in August down 0.25%

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