The BSE Sensex and the Nifty gained for a third straight session to their highest closing in a month as IT stocks including Infosys rose on continued optimism about U.S. business outlook while foreign investor buying also helped sentiment.CNX Nifty shut shop marginally above the psychological level of 6200 (up by 14 points in a volatile trading session).
Metal and mining stocks edged lower. Sugar stocks rose after raw sugar futures on ICE soared to three-month high on Monday, 25 February 2014, on worries about potential crop damage from dry weather in Brazil. The overall market breadth was negative but in Nifty50 stocks the advance to declines stands at 25 to 24, with 1 stock remained unchanged.
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