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Indices end in green ahead of Fed meet

DNMUM416138 | 6/14/2018 | Author : DNA Money Correspondent | WC :132

market diary

Mumbai: The benchmark indices gave up early gains and ended in green for the third consecutive day on Wednesday ahead of Fed meeting, driven mostly by healthcare and technology stocks.
Sensex rose 46.64 points or 0.13% at 35739.16 while the broader Nifty ended 13.85 points or 0.13% higher settling at 10856.70. In three days, Sensex has now gained 295.49 points.
DrReddy, TCS, SBI, Power Grid and Infosys were the most contributing stocks on Sensex soaring as much as 2.82%. BSE IT (1.29%) was the top gainer among the sectors followed by Healthcare (0.58%) and Consumer Durables (0.57%).
However, the broader market mood was not very good as both the BSE Midcap and Smallcap gauges fell 0.46% and 0.21% respectively.

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Centre banking on EU to find ways to buy Iran oil
DNMUM422658 | 9/21/2018 12:00:00 AM | Author : Iftikhar Gilani | WC :269

New Delhi: Even as Chennai Petroleum has decided to stop processing Iranian crude oil from October to keep its insurance coverage, highly placed sources in the government here said that India was exploring a way out with the European Union for an alt
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Combination drugs ban hit to be marginal
DNMUM422663 | 9/21/2018 12:00:00 AM | Author : Edit | WC :231

After the ministry of health and family prohibited manufacture, sale and distribution of 328 fixed dose combination (FDC) drugs last week, the Supreme Court on Monday lifted the ban on four drugs, including Saridon, Piriton and Dart. The order came a
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OMDC settles creditor dues, comes out of NCLT
DNMUM422664 | 9/21/2018 12:00:00 AM | Author : Sumit Moitra | WC :284

Kolkata: Orissa Minerals Development Company (OMDC), a subsidiary of state-owned Rashtriya Ispat Nigam Ltd, has been able to settle dues of creditors.
The company has now come out from National Company Law Tribunal (NCLT) even after the initiati
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Gammon offers to settle terminal debt
DNMUM422665 | 9/21/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :576

Mumbai: Gammon Infrastructure Projects, the developer for Indira Container Terminal Private Ltd at the Mumbai Port Trust, plans to make a one-time settlement of around Rs 477 crore to the lenders if the project goes for re-bidding.
The rebid
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