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The Bombay Stock Exchange (BSE) building is seen in Mumbai in this May 22, 2006...
Wed, Jul 2 03:13 PM
BANGALORE (Reuters) - India's main share index rose more than 5 percent on Wednesday afternoon, rebounding from a 1.1 percent fall earlier, as investors picked up beaten down stocks after a drop of more than 10 percent in the last three days.
A rise in European markets also helped the sentiment, traders said.
At 3:01 p.m., the benchmark 30-share BSE index was up 5.21 percent, or 675.80 points, at 13,637.48, with 28 components rising.
Shares in DLF Ltd rose 17.3 percent to 432 rupees after the property developer its board would consider a share buyback on July 10.
The broader 50-issue NSE index was up 4.77 percent at 4,082.50.
If you are young, have a hectic social life where you drink and party, and have applied for a job, chances are you will lose out to someone who is a teetotaler.
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