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The BSE Sensex closed at 10,609.25 Friday, up 447.09 points, after bullish sentiment prevailed throughout the day. The Indian bourses took cues from their global counterparts and rose as the U.S. Federal Reserve appeared to take a slightly more dovish tone on its future rate plans. Gainers on the index included Reliance Communication Ventures, which surged 11.71%, Maruti Udyog, up 8.69%, and HLL, advancing 8.68%. Hindalco, BHEL and ACC also rose, while ICICI Bank IBN added 1.63%. Ranbaxy lagged, losing 0.97%. Tata Consultancy Services rose 3.31% on the news that it's planning to spend Rs 13 billion on capital expenditures. The company has plans to expand in emerging markets like China and eastern Europe.
The two-year extension is expected to generate up to $22 million for Gtech.
The heating and cooling systems company expects the deal to generate sales $35 million-plus a year.
The notes carry a fixed-rate annual coupon of 7.25%.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
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