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Follow on Google News | GIFT Nifty Indicates Muted Opening; Indigo Market Share Rose to 62.4%By: MarketSmith india For the week, all the sectoral indices closed higher. Nifty FMCG (+2.99%) emerged as the major gainer, followed by Nifty Pvt Bank (+2.95%) and Media (+2.84%). Key News: Avenue Supermarts opened a new store in Sagar, Madhya Pradesh, bringing the total number of its stores to 376. In August, passenger traffic increased 9% y/y and 0.1% m/m to 10.6M. Domestic passenger traffic rose 7.4% y/y. Interglobe Aviation's market share rose to 62.4% in August, up from 62% in July, reversing a decline of 80bps in June. IndiGo carried 8.19M passengers in August. Spicejet's market share dropped to 2.3% in August from 3.1% in July, marking a fifth consecutive month of decline. Zydus Lifesciences's wholly-owned subsidiary, Zydus Lifesciences Global FZE, has signed an exclusive licensing and supply agreement with Viwit Pharmaceuticals for two gadolinium-based MRI contrast agents for the U.S. market. To continue reading, Subscribe here (https://marketsmithindia.com/ Disclaimer - Investments in securities market are subject to market risks. Read all the related documents carefully before investing End
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