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Benchmarks decline for 2nd day; broader market ends firm


The main equity indices closed mildly lower on Thursday. Buying was seen in metal, realty and financial stocks while FMCG, IT and pharma shares corrected. As per the provisional closing data, the S&P BSE Sensex, fell 80.74 points or 0.17% at 48,093.43. The Nifty 50 index fell 8.9 points or 0.06% at 14,137.80.
The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index added 1.05% while the S&P BSE Small-Cap index rose 0.85%.
Buyers outpaced sellers. On the BSE, 1974 shares rose and 1101 shares fell. A total of 152 shares were unchanged. In Nifty 50 index, 27 stocks advanced while 23 stocks declined.
Foreign portfolio investors (FPIs) sold shares worth Rs 483.64 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 380.41 crore in the Indian equity market on 6 January 2021, provisional data showed. ....

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Ramco Systems jumps on order win


Ramco Systems rose 2.68% to Rs 735 after the company announced that it will implement its Aviation M&E MRO Suite v5.8 for U.S.-based Construction Helicopters Inc.
Ramco Systems announced that it will implement its Aviation M&E MRO Suite v5.8 for America s leading Heli Operator and Maintenance, Repair and Overhaul (MRO) player, Construction Helicopters Inc. (CHI Aviation), part of Heligroup Inc. and its four operating and three asset-holding entities in the U.S.
Ramco Systems business partner, ROTA Technology, Inc played a key role in this win and will be program managing the implementation activities on behalf of CHI Aviation. ....

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