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Sensex rises; Infosys jumps as CEO appointment brings peace hopes


By Jessica Kuruthukulangara(Reuters) - Indian stocks rose on Monday as Infosys Ltd rallied on hopes that the appointment of a new CEO would help the company move on from a feud between its board and founders that had pummelled shares.Sentiment was also lifted by stronger Asian shares after the passage of a tax bill by the U.S. Senate on Saturday, although worries that the bill would lead to liquidity tightening in emerging markets weighed on investors. Any gains in Indian shares are also likely to be capped ahead of the Reserve Bank of India's policy meeting on Wednesday. Although the ...

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First Published: Mon, December 04 2017. 12:15 IST