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Sensex hits fresh highs; IT stocks lead

Reuters 

By Krishna V KurupREUTERS - Indian shares touched record high levels on Monday with IT stocks such as Infosys and Wipro Ltd leading the gains, while firm Asian markets on strong economic growth in China boosted investor sentiment.Asian shares set a fresh two-year high, boosted by stronger-than-expected economic growth in China and bets that lacklustre U.S. data will keep the Federal Reserve cautious about the pace of further policy tightening.MSCI's broadest index of Asia-Pacific shares outside Japan extended earlier gains to climb 0.26 percent by 0630 GMT.The broader NSE Nifty hit a life ...

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First Published: Mon, July 17 2017. 12:59 IST
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