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The markets closed strong on Thursday with the benchmark index soaring 1.3% to close the day at 17,150 levels. In the intraday dealings, the 30-share index performed in a range of 17,018-17,188 levels.

Nifty hit a record high of 5,016 levels. The 50-share index ended the perky day at 5,000 after gaining 1.2 per cent. NSE Nifty took 205 trading sessions to made last 1,000 points.

During the flight from 4,000 to 5,000 levels, Foreign Institutional Investors pumped in $10.75 billion whereas Mutual Funds inducted $1.26 billion.

Detroit-based Caraco Pharmaceutical Laboratories Ltd. has announced that its generic drug Methimazole has been granted final approval by U.S. health. The tablet used for treatment of hyperthyroidism will be sold in 5mg and 10mg strengths by the company under brand name Northyx.

Mumbai - The UPA government has announced its plans to help states to setup regulators for the real estate sector. Mr. S. Jaipal Reddy, Urban Development Minister said that the regulation at state level is essential. The real estate sector has seen a decent growth in last 3 years. With the prices of real estate going up all over the country, there is a strong need for regulation in the sector.

Balasore (Orissa), Sept 27 : Orissa is reeling under floods caused by heavy rains over the past few days across the state.

Ludhiana, Sept. 27 : Punjab, which is known as the granary of the country, is heading towards a bumper paddy crop this year.

The 25.75 hectares of land available for paddy production has registered a rise in its per-hectare production, and the production figures stand at around 15.2 million tonnes.

Paddy has started arriving in the markets across the state, with government and private agencies busy procuring them.