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Read more about Equity indices off day s high; broader market outperforms on Business Standard. At 10:29 IST, the barometer index, the S&P BSE Sensex, was up 98.29 points or 0.2% at 48,272.66. The Nifty 50 index was up 37.95 points or 0.27% at 14,184.05.
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.
Local indices are trading on a firm note in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 234.60 points or 0.49% at 48,408.66. The Nifty 50 index was up 74.80 points or 0.53% at 14,221.05.
The S&P BSE Mid-Cap index was up 1.01%. The S&P BSE Small-Cap index was up 1.05%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1769 shares rose and 368 shares fell. A total of 79 shares were unchanged.
Stocks in news:
Maruti Suzuki India rose 0.4%. Maruti Suzuki India said total production increased to 1.55 lakh vehicles in December 2020, from 1.15 lakh vehicles in December 2019.