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19 Apr 2018, 20:54 HRS IST
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SC says courts are not the place to settle business or political rivalry which has to be fought in markets or electionsThe PILs were without any truth and attempt was made to malign the judiciary: SCSC says it thought of initiating contempt proceedings against petitioners but decided not to go ahead with itSC says during arguments, counsel for petitioners forgot to maintain institutional civility towards judges and made wild allegationsSC criticises attempts by senior advocates and activist lawyers to make insinuations against judges including that of the apex courtSC says frivolous and motivated litigation has been filed to settle political rivalryIt becomes clear that with these petitions real attempt and frontal attack was made on independence of judiciary: SCDocuments placed on record and their scrutiny establishes that Loya's death was due to natural cause: SCThere is no reason to doubt statements of four judges on circumstances leading to the death of Loya: SCSC says attempts were made to scandalise judiciary by levelling serious allegations against judicial officers and judges of Bombay HCSC dismisses pleas to probe alleged mysterious death of CBI judge B H Loya, who was hearing Sohrabuddin Sheikh fake encounter case
  • PTI
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  • Sensex surges to record high in late morning trade

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11:24 HRS IST

Mumbai, May 19 (PTI) Benchmark Sensex scaled a fresh lifetime high of 30,712 in late morning trade today on sustained buying in FMCG, realty, telecom, power and metal counters.

Sentiment was also bolstered by the progress on the GST front, with the GST Council finalising rates for most goods.

The BSE Mid-Cap index was up 0.56 percent while the Small-Cap index rose 0.89 percent.

The Sensex resumed higher at 30,539.65 and advanced to 30,712.35. It was quoting at 30,619.16 at 1100 hrs, showing a rise of 184.37 points or 0.61 per cent.

The NSE 50-share Nifty was also up 52.20 points or 0.55 per cent at 9,481.65 at 1100 hrs.

Major gainers were ITC 5.02 per cent, HUL 2.38 per cent, SBI 1.83 per cent, Bharti Airtel 1.66 per cent, Power Grid 1.51 per cent, Axis Bank 1.47 per cent, Coal India 1.46 per cent and NTPC 1.17 per cent.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 360.59 crore yesterday, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 897.96 crore.

Overseas, Asian stocks were mixed as investors were cautious due to uncertainties surrounding US President Donald Trump after reports that he tried to influence a federal investigation.

US stocks closed higher yesterday, following the previous session's brutal sell-off, as positive data offered a glimmer of optimism.

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