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Sensex rises as IT stocks rally; state farm loan waiver hits lenders


By Jessica KuruthukulangaraIndia's key equity indices edged higher on Tuesday as technology shares rose, while a fall in lenders following the Punjab state government's farm loan waiver in the country's so-called granary capped gains.Shares of information technology companies including Infosys Ltd jumped tracking an overnight rebound in U.S. technology stocks.Asian shares were also up, with Japan's Nikkei rising more than 1 percent to a near two-year high, tracking gains in U.S. hi-tech shares as investors bet on solid growth in the economy and corporate profits globally. "The Indian IT ...

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First Published: Tue, June 20 2017. 12:09 IST