Nifty has closed higher 2nd week in a row and it gained 68 points to close at 5135. AUTO and PSU stocks were major gainers this week after robust sales numbers from all Auto companies and PSU stocks saw buying as we move into decision for Fuel price deregulation on Monday June 7. TELECOM stocks rose on value-buying support after various stake sale rumours in the sector – RCOM rose 14%, IDEA 11%
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