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Car sales see record November surge
Fears of an imminent price rise, production spillovers owing to spare parts shortages plus a low base effect saw sales of the country"s major car makers grow a record 63 per cent in November.

Sensex ends up 247pts
The Sensex finally ended (provisional) at 17,032, up 247 points. The NSE Nifty ended (provisional) at 5,060, up 71 points.

News of the day

Simbhaoli Sugars back in black with Rs 72 cr profit
Simbhaoli Sugar reported profit of Rs 71.9 crore in the second quarter of financial year 2010. The company has made a loss of Rs 29.1 crore in the corresponding quarter last year.
Small Business

Markets continue to languish

Markets continue to languish in red. However, they have recovered from the day"s low. - Jaiprakash tops combined value-volume charts - Markets in red in opening trades - FIIs net sellers Rs 1,141cr in F&O on Wednesday - INVESTING: Paras Adenwala - Volatile markets end at day"s low - SAIL slips in spite of FPO plans The Sensex is now down 46 points at 16,962. The Nifty is down 18 points 5,046. Jaiprakash Associates continues to trade in red and is now down 4.6% at Rs 244. Tata Motors and Larsen & Toubro have dropped 2.5% each to Rs 547 and Rs 1,630, respectively. ICICI Bank has shed 2% at Rs 910. Reliance, Maruti Suzuki, BHEL and Tata Power have slipped 1% each. On the other hand, Infosys has gained 2.2% at Rs 2,215. ITC and Bharti Airtel have added 2% each to Rs 249 and Rs 339, respectively. Sterlite, Hindustan Unilever, Reliance Communications and Sun Pharma have moved up around 1% each. The market breadth is positive. out of 2,261 shares traded 1,143 have advanced while 1,044 have declined.


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