BSE Closes 300 Points Above at 34413, Nifty at 10576

Nifty-Bank

Nifty-Bank

A total of 25 stocks registered a fresh 52-week high in trade today, while nine stocks touched a new 52-week low on the NSE.

Mumbai: Domestic equities on Thursday heaved a sigh of relief after corporate earnings and optimism in the Asian markets broke the seven-day losing streak, with benchmark indices Sensex and Nifty ending in the green.

On the other hand, Brent crude futures tumbled to a six-week low of Dollars 65.16 per barrel. A fall in crude prices is seen as positive for Indian economy, which imports most of its oil requirements.

Bharat Forge, Muthoot Finance, Page Industries, Hikal, Ferro Alloys, Welspun Corp, Cadila Healthcare and West Coast Paper gained 2-8 percent after strong set of earnings in Q3.

One manager is already preparing for life at Chelsea
If you speak to a lot of the supporters, as much as they love Conte, they'll say "if he has to go, he goes". I've been here before at this club.

The BSE market breadth was bullish with 2,173 advances and 639 declines.

Major gainers were Dr Reddy's, Sun Pharma, Infosys, TCS, HDFC LTD, Hindunilver, L&T, Maruti Suzuki, M&M and RIL, gaining up to 3.57 per cent.

41 stocks closed higher against 9 falling on the Nifty.

BSE Sensex and NSE Nifty open higher on Thursday.

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The court also gave benefit of Section 382-B CrPC as the jail term before conviction would be counted in the sentence. During the course of hearing, a total of 57 accused were presented by the prosecution.

The value of trade stood at Rs 1,39,206 lakh.

Cement manufacturer ACC rose 6.41% or 102 points to 1,692 points after the firm logged 126 percent rise in net profit to Rs 206 crore ($32.06 million) in December-quarter from Rs 90.87 crore a year earlier. Dr Reddy's Labs rose 3 percent despite there could be a delay in launch of generic Suboxone film after U.S. drug maker Indivior filed patent lawsuits against five generic filers including the company. The company's standalone net profit was Rs 93.54 crore in the same quarter last fiscal, BHEL said in a statement.

The company's market valuation surged by Rs 3,589.55 crore to Rs 49,402.55 crore.

The company's consolidated revenue rose 7 per cent to Rs 3,914 crore in the quarter, compared with Rs 3,647 crore in the corresponding period a year ago.

Indicted In Global Cybercrime Ring That Stole $530M
Actual losses-which hit a wide swath of financial institutions, merchants, and private individuals-totaled more than $530 million. They face charges that include identity theft, bank fraud, wire fraud and money laundering.

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