Share Market Closing: There is an outcry in the stock market, Sensex falls by 1093 points, Nifty also stuns..

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For the third consecutive day, trading was seen on the decline in the market. All the sector indices of BSE closed on the downside. IT and realty stocks were the biggest sellers, while metal and auto stocks dominated with heavy profit-booking. At the end of trading, the Sensex closed at 58,840.79, down 1093.22 points, or 1.82 percent. On the other hand, the Nifty closed at 17,551.25, down 326.15 points or 1.82 percent.

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The market was closed on the red mark on Thursday too
In the previous session, the 30-share BSE Sensex closed at 59,934.01, down 412.96 points, or 0.68 percent, on Thursday. The Nifty of the National Stock Exchange also closed at 17,872.45, down 131.30 points, or 0.73 percent.

Adani Group buys Holcim's entire stake in Abuja Cement and ACC
Adani Group has bought Holcim's entire stake in Ambuja Cement and ACC. With this, Holcim has withdrawn its business from India. The deal was done for about $6.4 billion. At the same time, the deal will strengthen Holcim's balance sheet and help the company continue its acquisition strategy with the recent investment of over 5 billion Swiss francs in solutions and products.

The government changed the definition of 'small company'
The government has amended the paid-up capital and turnover limits for small companies so that more companies will now come under its purview and their compliance burden will be reduced. The paid-up capital limit for small companies has been increased from the existing “not exceeding Rs.2 crore” to “not exceeding Rs.4 crore” by amending certain rules, And the turnover has been changed from “Not exceeding Rs.20 crores” to “Not exceeding Rs.40 crores”.

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Patanjali Group's business will reach Rs 1 lakh crore in 5-7 years: Ramdev
The business of Patanjali Group is estimated to grow two and a half times to reach one lakh crore rupees in the next 5 to 7 years. Patanjali Group's founder Baba Ramdev expressed this hope on Friday. He said that IPOs of four group companies will be brought.