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Today, the Bombay Stock Exchange (BSE) Sensex belled the day after recording a loss of 63.45 points at 17,874.71 as against its last closure at 17,938.16 on Wednesday, due to profit booking seen at upper levels from local operators.

In the meantime, the broad-based Nifty opened on a steady note at 5,387.10 before allaying by nominal 4.45 points to 5,381.70.

The stocks witnessing huge selling activity were auto, realty, capital goods and PSU.

While the news reports of TVS Motor Co Ltd, India's third largest two-wheeler maker buying the assets of the troubles LML in the Indian market showed a positive investor response as far as the LML’s share price is concerned, but the Chennai based two-wheeler major has declined any such reports.

It is to be mentioned here LML shares went up by 20 percent earlier in the day as soon as the reports of TVS was looking to buy its assets hit the bourses, but the company didn’t took much time decline any such development.

Moreover, LML also declined any such development in a separate statement.

A new study has said that moms who feed their newborns cow's milk during the first 15 days of life may be defending their babies from hazardous allergies later.

Prof. Yitzhak Katz of Tel Aviv University''s Department of Pediatrics, Sackler Faculty of Medicine stated, "Women who regularly (daily) introduced their babies to cow milk protein early, before 15 days of life, almost completely eliminated the incidence of allergy to cow milk protein in their babies."

Taxis shall not be moving on the roads on Thursday calling for the one day walkout by unions next to the government's stillness over their demand to raise the fares.

The strike call was declared after the discussions between representatives of the taxi unions followed by the Bengal Taxi alliance, President Bimal Guha and state transport minister Ranjit Kundu who botched during the Writers' Buildings on Wednesday.

It is believed that the dreams of owning a high-end SUV will soon be very affordable for many enthusiasts in the Indian market. As luxury carmakers plan to assemble them in India to crimp cost and high duties to attract consumers at aggressive prices, it is expected that the price of the several models will come down over the next one year.

Be it BMW, Audi, Tata-Land Rover, Hyundai, Renault or Volkswagen, mostly all the auto majors are planning to make their high-end sports utility vehicles in India.

The Government forbidden oil marketing groups determined to appraise the retail rates of petrol on a monthly base. However, the date for the subsequent price analysis and the apparatus to glue the price is yet to be concluded.