Indian Markets gains as rupee recovers - Cholamandalam Securities

Indian Markets ended higher following the expiry of August derivatives, tracking a rebound in the rupee after RBI decided to provide dollars directly to oil companies.

Fears abated, that US led forces would soon launch a military strike on Syria, and oil prices retreated from a six-month peak also boosted investor sentiment.

All the sectoral indices closed in green with gains of atleast 0.4%. Oil & Gas, Metals, FMCG, Capital goods and Auto indices were the top gainers.

Lok Sabha passes Land Acquisition, Rehabilitation and Resettlement Bill, 2011. The Land Bill seeks to retire the century-old law of 1894.

Source : Equity Bulls

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