The stock markets in Mumbai witnessed smart recovery, sensex hits 10,000-mark at the day’s high. The Bombay Stock Exchange’s benchmark index, Sensex closed at 9976.9, up by 144.6 points. The NSE’s Nifty-50 closed at 3041.7, up again by 60.5 points. Gainers are stocks from Cement, Realty, Technology and Oil &gas sectors. In bullion market, the yellow metal is being quoted at Rs.12,867/10gm and silver higher at Rs.17,449/kg. Nymex crude was trading lower at around 44.7 US dollars a barrel. The US dollar was at around Rs.48.
HCl Technology completes AXON Group buy-out.
DoT, Government of India seeks audit of Reliance Comm’s revenues. As per the report, discrepancy of over 23% was seen in Mobile’s revenues.
Enforcement Directorate (ED) probes misuse of UBS, AG, London accounts – Money laundering probe. RNRL, Reliance Energy are under the ED scanner for possible FEMA violations.
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