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Lack of any major news allowed Indian equities market to trade within a narrow range only. Nevertheless it carried on the positive trail to end the day in green.

While the benchmark Bombay Stock Exchange Sensex closed 46.36 points or 0.26 per cent up at 17,955.82, the 50 scrip-based Nifty at the National Stock Exchange ended the day 15.15 points or 0.28 per cent up.

However, the broader indices outperformed the benchmarks, even if it's by a smaller margin, at both BSE and NSE.

On Wednesday, Mahindra & Mahindra (M&M) said that it is planning to roll out a sub Rs. 5 lakh car. This is expected to be a sports-utility vehicle and will come under the brand of Xylo. The information was given by two people familiar with the development.

One of the major automakers in India was forced to take this step after Tata came out Nano and grabbed a big chunk in the Indian markets. Now, M&M is trying to do the same thing but in the sports-utility segment.

Jignesh Shah is not happy with the way market regulator, SEBI has been giving clearances and he was ready to make his feelings public.

Shah said that despite having met all the norms set by SEBI, MCX Stock Exchange has not been given any kind of clearance from it.

After Tata Consultancy Services Ltd (TCS) posted a 21 per cent increase in its quarterly profit, the shares of the company rose by 4 per cent on Friday.

The company is one of the leading outsources in India and has managed to outperform the analysts expectations. And the reasons behind the same are various stringent cost cutting measures and also strong demand in the outsource market.

The other good thing is that the company was also able to provide and upbeat assessment of the actual demand. Besides, rise in profitability also did its bit for the firm.

The National Dairy Development Board (NDDB) has exercised a 15-year National Dairy Plan (NDP) with a total cost of Rs 17,000 crore in order to meet up India's projected milk demand of 180 million tonnes by 2020-21.

NDDB Chairman Amrita Patel said that after considering the proposed plan, the central government has concluded a series of consultations with 14 major milk producing states.

These states account for over 90% of the country's milk production.

Mammals having larger brains in relation to size of body tend to have longer lives.

This newest discovery is based on a study of around 500 mammal species by the Centre for Ecological Research and Forestry Applications (CREAF), affiliated to Universitat Autònoma de Barcelona.

The size of brain of some mammals including chimps, gorillas, whales, dolphins and elephants are larger than expected for their body size.