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The partially convertible rupee ended at 79.6725, having flirted with the key 79.70 level occasionally during the session. The local unit had closed at 79.4450 on Wednesday.Traders widely expect the rupee to tread the 79-80 range for at least another week, with no major events around the corner.

The Nifty Realty index closed 1.55 per cent up at 459.35.

The stock quoted a 52-week high price of Rs 1696.15 and a 52-week low of Rs 1002.5.

Low cost airline SpiceJet and Swiss firm Credit Suisse AG on Thursday told the Supreme Court they have resolved their financial dispute. The apex court then permitted SpiceJet to withdraw its appeal against a Madras High Court verdict ordering that the airline be wound up on account of alleged non-payment of dues to Credit Suisse AG.

On the technical charts, the RSI of the stock stood at 61.98.

“Among the newer companies, Zomato is one which I will still place my bet on. The second one would be Nykaa where also we can see their point of presence across and that is one company which has the potential of growing big. Route Mobile is another newly listed company which has a decent business model and can do well.”

In the previous trade, the yellow metal had finished at Rs 52,256 per 10 grams.Silver also declined Rs 348 to Rs 57,298 per kg from Rs 57,646 per kg in the previous trade.In the international market, gold was trading higher at USD 1,763 per ounce while silver was trading flat at USD 19.67 per ounce.

The Nifty Auto index closed 0.47 per cent down at 13131.9.

“There is no harm in booking profits. So why are people scared of missing the bus? If you book profits now and things move up another 5%, how does it matter? If you have made 30-40-50% it does not matter so much. Long -term investors can never go exorbitantly into cash. So when we think there is overvaluation, we go 20-30% into cash and then as the opportunities keep on coming up, we keep on investing that money and that cycle goes on.”

A total of 18,738 shares changed hands on the counter till 01:24PM (IST)