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Closing Bell: Sensex closes 373 points higher, Nifty above 10,600; FMCG leads rally

Market at Close Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours Among sectors, financials, automobiles, consumption, and IT names were in the green, while investors sold metals and pharmaceuticals segments. In the broader markets, Nifty Midcap index underperformed benchmarks, but closed with gains of around 0.2 percent. At the close of market hours, the Sensex was up 373.06 points or 1.07% at 35354.08, while the Nifty ended higher by 101.80 points or 0.97% at 10628.60….

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Swine flu threat grows; 600 deaths, 12.5k cases this year

Swine flu, the viral illness that became a pandemic in 2009, has made a comeback this year, claiming nearly 600 lives across the country so far this year, with close to 12,500 cases being reported.Maharashtra, with 284 deaths, is the worst affected, followed by Gujarat (75), Kerala (63) and Rajasthan (59), government data shows. In Delhi, official figures state, 241 people have tested positive for swine flu and four have died, as on July 9. Doctors said the number of deaths could be higher. “People are visiting hospitals late. This…

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