Sensex rises 500 pts, Nifty nears 15,700; IndusInd Bank, HUL jump up to 4%

Among Sensex stocks, IndusInd Bank climbed 3.57 per cent to Rs 814.75. Hindustan Unilever advanced 2.7 per cent to Rs 2,313. This is even as Hindustan Unilever chairman Nitin Paranjpe said India is going through the most difficult economic situation and persistent inflationary pressures are beginning to weigh on demand.

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