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The country's second-largest software services firm Infosys on Tuesday posted a 24.9 percent rise in net profit. 

The company's net profit stood at Rs 2,992 crore in the fourth quarter ended March 31 as against Rs 2,875 crore in the third quarter.

U.S. stocks closed higher on Monday as Citigroup's earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties.

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