Benchmark indices surged to new life time high continuing the buying really for the third day despite weak performance by global peers.Nifty remained bullish trading on its native buy trend and settled at.

Pharma stocks were the major losers of the day while IT shares were the major gainers of the day.

Global Markets

Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, European shares edged higher on Thursday, with a pre-holiday lull making for a quiet trading session aside from a handful of corporate updates. The pan-European STOXX 600 (STOXX) rose 0.2% by 0821 GMT, with media, healthcare and utilities sectors leading gains.

Stock Snippets

Top electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion in orders.

Lenders to Sintex Industries Ltd. rejected a debt restructuring plan by the company and intended to push it into bankruptcy, people familiar with the matter said.According to the resolution proposal, the textile company will be able to service only 30 per cent of its 6,300 crore ($888 million) of bank loans.

FMCG major Nestle India respects the order by the National Anti-Profiteering Authority asking it to deposit Rs 73.15 crore with Consumer Welfare Fund for not passing GST rate reduction benefit to consumers.

The Indian Bureau of Mines has approved the Mining Plan of NMDC to enhance the production of iron ore from Kumaraswamy Iron Ore Mines from 7 million tonnes per annum to 10 million tonnes per annum for the years 2020-21 and 2021-22.

Global Markets

Japan stocks were lower after the close on Thursday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower.At the close in Tokyo, the Nikkei 225 fell 0.29%.

Australia stocks were lower after the close on Thursday, as losses in the Healthcare, Energy and Telecoms Services sectors led shares lower.At the close in Sydney, the S&P/ASX 200 lost 0.27%.

China’s Shanghai Composite lost 0.2%, the Shenzhen Component was down 0.3%.

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