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The arrangement spans 15 years from the initial delivery of propylene and hydrogen.

The arrangement spans 15 years from the initial delivery of propylene and hydrogen.

While there is broad consensus between the IMF and the government over the progress of the economy, there is some disagreement on how India is handling some of the underlying issues such as inflation and fiscal deficit

BSE Smallcap index hit a new high of 42,544.95 before closing with marginal gains, while BSE Midcap index lost 0.3 percent

BSE Smallcap index hit a new high of 42,544.95 before closing with marginal gains, while BSE Midcap index lost 0.3 percent

The options data also indicated that 21,500 is the crucial resistance mark, which will open the doors for 22,000 if gets hold in coming days, with immediate support at 21,400-21,300 levels

BSE Smallcap index hit a new high of 42,544.95 before closing with marginal gains, while BSE Midcap index lost 0.3 percent

Traders said dollar buying by importers following a recent spike in the rupee amid increased FII inflows kept the unit under pressure.

Biggest gainers on the Nifty were Coal India, Nestle India, Tata Consumer Products, NTPC and Cipla, while losers included SBI Life Insurance, Hero MotoCorp, Adani Ports, Wipro and Adani Enterprises.

The $245-billion sector, which gained immensely from the pandemic-induced boom in digital services, has struggled in recent quarters as clients slashed spending on discretionary projects amid inflationary pressures and recession fears.