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A strong push for value-buying coupled with upbeat global cues on Thursday made sure the benchmark BSE Sensex ended the day in the positive zone after three straight days of losses, which jumped 311 points to close at 25,764.78. Even the NSE Nifty notched up gains.
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German luxury car maker Mercedes-Benz on Thursday launched AMG C 63 S in New Delhi in the performance car segment priced at Rs 1.3 crore (ex-showroom Delhi).
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Services sector improved further in August as new orders received by private firms increased at the fastest rate in five months, says a survey.
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All the domestic sectoral indices were back in the green with gains up to 4.55 per cent. Among Sensex constituents, Tata Steel gained the most by surging 4.55 per cent, followed by Vedanta 4.42 per cent as metal prices recovered in global markets.
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Gold prices further dropped at the domestic bullion market here on sustained unwinding by jewellery stockists and traders impacted by lacklustre demand amid weak overseas trend. Standard gold (99.5 purity) slumped by Rs 225 to end at Rs 26,325 per 10 grams from overnight closing level of Rs 26,550.
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The Indian rupee snapped its two-day winning run against the American currency on Thursday and ended the session lower by 5 paise at 66.24 on fresh dollar demand from banks and importers on the back of higher greenback in the overseas market amid fall in crude oil prices.
