October 25, 2010 2:23 PM

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Sensex sheds early gains, stood 156 points up in afternoon trade

The Sensex at the Bombay Stock Exchange, which had jumped 142 points in opening trade on Monday, later rose as much as 280 points. But after paring some of its gains, the Sensex stood 156 points, or 0.8 percent in the green, at 20,322, a short while ago. The domestic markets rose on sustained capital inflows by foreign funds, strong quarterly corporate earnings, and firm Asian bourses.Other stock markets Japan, China, Hong Kong, Indonesia, Singapore, South Korea and Taiwan were up by between 0.1 percent and 1.8 percent, on Monday, after global finance leaders vowed at a weekend G-20 meet to avoid weakening currencies to lift exports.

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