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TCS expected to grow 2%; Infy stock may re-rate further: Edelweiss

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Infosys boosts Sensex 190 pts. Nifty above 7900; Midcap shines Infosys helped the BSE Sensex gain more than 200 points intraday Monday despite weakness in global peers due to slump in oil prices. The broader markets outperformed benchmarks with the BSE Midcap and Small cap indices rising more than 1 percent.

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Dow Jones reclaims 18,000 as quarterly scorecards start to flow

During the session, the Dow Jones industrial average rose 0.6 percent to end the day at 18,004.16 points and the S&P 500 gained 0.65 percent to 2,094.34. The Nasdaq Composite added 0.44 percent to 4,960.02.

The Dow Jones industrial average climbed to a nine-month high on Monday, in a market buoyed by Hasbro and Disney, as investors braced for a flurry of quarterly earnings reports through the week. Chevron added 1.51 percent as crude oil prices steadied from earlier losses caused by the collapse of talks among major producers to tackle a stubborn global surplus. A recent rebound in oil and signs that the US economy is slowly improving have helped stocks rally from a steep selloff earlier this year that had pushed the S&P 500 down as much as 10.5 percent.

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