GLOBAL MARKETS ROUNDUP
Globally, Shanghai Composite index surged over 6 per cent in trade and was on the verge of recording its biggest two-day gain since 2008. The index was up 5.79 per cent in the preceding session after Chinese authorities came up with a slew of measures tame the market crash.

INDIAN ADR’S NEWS
• Indian ADRs ended mostly higher on Thursday.
• In the banking space, ICICI Bank rose 0.12 percent at USD 10.15.
• HDFC Bank added 0.56 percent at USD 60.16.
• In the IT space, Infosys was down 0.04 percent at USD 15.41.
• Wipro was down 0.09 percent at USD 11.82.
• In the other sectors, Tata Motors addd 0.32 percent at USD 31.14.
• Dr Reddy’s Laboratories gained 0.39 percent at USD 58.63.

INDIAN MARKET NEWS

The Sensex advanced over 150 points and the Nifty moved above its crucial psychological level of 8,350 on the back of broad-based buying. Buying was visible across the sectors, metal, banking, auto, realty, oil & gas and IT indices advanced 0.5-1.4 per cent each.From the Nifty-50 basket of stocks, 38 stocks were advancing while 12 were declining.

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