Sensex at 2-week high, up 161 pts as Infosys, TCS climb to record

Top Headlines Sensex at 2-week high, up 161 pts as Infosys, TCS climb to record After a lower start, the Sensex spurted by 160.93 points, or 0.84 per cent to 19,413.54. The gauge has now gained 536 points in three sessions. Bharti Airtel to sell 25% stake in DTH arm for $200 million The firm has already signed a non-disclosure agreement with at least seven strategic and private equity players, sources confirmed. Can rupee depreciate to 57-58 vs USD in next three months? "If we go by technical charts, the Indian currency may even test levels of Rs 57-58 compared to the US dollar in the next three months." Views on Stocks/Markets Sobha Developers is my top pick, like DLF too: Amit Agarwal Expect IT pack to do well in 2014: Taher Badshah, Motilal Oswal AMC Focus should be on defensives: Pankaj Pandey, ICICIdirect IPO/Global Markets Nikkei posts modest gain China slips on IPO fears 'US stocks can climb higher' Rupee / Gold Re gains for 2nd straight day Gold up by Rs 40, silver by Rs 170 Gold traders await attractive price levels   Market Round-up SENSEX 19413.54 160.93 NIFTY 5863.30 44.70 S&P500 1,487.85 -27.75 NASDAQ 3,116.25 -45.57 USD/INR 54.8933 -.06   More 'Market' News Top five reasons for Infosys’s impressive run-up in 2013 After being an underperformer for the year 2012, Infosys has bounced back with a 30 per cent gain so far in the year 2013. Indian Bank's stock under-performance might have peaked Though asset quality has been a concern, stable margins and strong capitalization augur well for the bank and the stock might see some upside from here. NYSE Euronext calls off up to $46 mn share sale in MCX NYSE Euronext has called off its plans to sell entire 4.79 per cent stake in India's premier commodity bourse MCX for about $ 45 million.