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Financials stocks edge higher

Financials stocks were trading in green, with the S&P BSE Finance index increasing 78.08 points or 1.12% at 7030.34 at 09:47 IST. Among the components of the S&P BSE Finance index, Paisalo Digital Ltd (up 13.9%), Union Bank of India (up 6.39%),PTC India Financial Services Ltd (up 3.82%),IndusInd Bank Ltd (up 3.73%),RBL Bank Ltd (up 3.27%), were the top gainers. Among the other gainers were Shriram Transport Finance Company Ltd (up 3.13%), Dhanlaxmi Bank Ltd (up 3.08%), Bandhan Bank Ltd (up 2.94%), South Indian Bank Ltd (up 2.75%), and Bank of Baroda (up 2.72%). On the other hand, Dewan Housing Finance Corporation Ltd (down 4.94%), Reliance Capital Ltd (down 1.75%), and Aditya Birla Money Ltd (down 1.23%) turned lower.

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