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The Nifty is indecisive between the bulls and the bears. Only Nifty FMCG index gained 1.3% today, while the benchmark was largely flat. BPCL fell 9.0% as the government extended the deadline for its privatisation. |
| Vedanta delisting finally approved Vedanta has received approval for delisting from the NSE and BSE. The Vedanta Resources (VRL), which owns 50.1% of Vedanta, plans to buy out the remaining 49.9% shares held by the public. Today, shares of Vedanta was down 2.1%. |
| losing bell SGX nifty and NASDAQ are showing positive uptrend. But going by the recent trends in the Indian markets, investors seem to be seeking safety in the defensive sectors such as pharma and FMCG. |