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Sensex, Nifty sluggish; banks gains, IT stocks down

Bangalore market is one of the strongest realty market, says Suresh Kris of Brigade Enterprises despite the unsold inventory rising in the city from 27,000 units in June-2011 to 84,000 units in June 2015. In an interview to CNBC-TV18, Kris says H2FY16 will be better for the company than H1, adding that the company hopes to grow 30-35 percent year-on-year (YoY).

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The market is down as the Sensex is down 20.14 points at 25715.76. The Nifty is down 9.80 points at 7824.65. About 1481 shares have advanced, 878 shares declined, and 203 shares are unchanged. ICICI Bank, Axis Bank, Bharti Airtel, NTPC and Sun Pharma are top gainers in the Sensex. Among losers are Infosys, TCS, M&M, ITC and HUL.

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