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Sensex soars 102 pts
Mumbai: The impressive quarterly performance of technology major Infosys Technologies and Hindustan Levers announcement of a bonus issue of debentures sent the Bombay Stock Exchange sensitive index (sensex) soaring by 102.18 points or 3.66 per cent on Wednesday to touch 2,896.60.

Infosys Technologies scrip was up 4.02 per cent to Rs 2,512.60. Infosys better-than-expected quarterly performance renewed interest on the technology sector. Other technology scrip which registered an upward movement included those of Satyam Computer, NIIT, Wipro, Digital Equipment, Hughes Software and Polaris Software.

There was all-round buying in heavyweight stocks. Hindustan Lever (up 8.92 per cent to Rs 230.25) rose after the company announced plans to hike its FII investment limit to 49 per cent from the current 24 per cent.
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domain - B : Indian business : News Review : 11 Oct 2001 : capital market