Market News
The benchmark index BSE Sensex surged 105 points or
0.47%, to close at 22,551 points. Indian markets hit a new high on Wednesday,
extending gains for 10 straight sessions, its longest winning streak in over
six years, primarily on foreign fund buying.
Nifty
India stock futures in Singapore were trading 55 point higher at 6776.50,
indicating a higher opening on the domestic market.
Bharti Airtel
The global telecommunications services provider with
operations in 20 countries across Asia and Africa, and IBM announced that they
have signed a new agreement to manage Airtel's infrastructure and application
services in India over the next five years.
Reliance
Industries
Reliance Industries BSE 0.28 % said it secured $ 500
million financing from export credit agency Export Development Canada (EDC).The
transaction is among the largest financing packages the EDC has extended in
Asia, the company said in a statement.
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