The 2020 NFL season has been rough for former Colorado prep football star running backs – The Denver Post

Sensex reclaims 40k-mark; Nifty tops 11,800

Top gainers in the Sensex pack included Ultratech Cement, TCS, HCL Tech, Infosys, HDFC Bank and Sun Pharma.

Market benchmark BSE Sensex rallied over 300 points to reclaim the 40,000-mark on Thursday, supported by robust buying in IT stocks.

After soaring over 400 points during the day, the 30-share index ended 303.72 points, or 0.76%, higher at 40,182.67. It hit an intra-day high of 40,468.88 and a low of 40,062.23.

The broader NSE Nifty rose 95.75 points, or 0.82%, to finish at 11,834.60.

Top gainers in the Sensex pack included Ultratech Cement, TCS, HCL Tech, Infosys, HDFC Bank and Sun Pharma.

Tata Consultancy Services (TCS) jumped over 3% after it announced a mega ₹ 16,000 crore buyback plan at ₹ 3,000 per equity share.

On the other hand, ONGC, ITC, PowerGrid, Reliance, Asian Paints and L&T ended in the red.

Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo ended higher, while Hong Kong closed with losses.

Stock exchanges in Europe were trading higher in early deals.

International oil benchmark Brent crude was trading 1.62% higher at USD 42.67 per barrel.

In the forex market, the rupee strengthened by 9 paise to settle at 73.24 against the US dollar.

Opinion | Best and Worst Moments of the Kamala Harris-Mike Pence Debate: ‘Most Bizarre Moment Was the Fly’

How the vice-presidential showdown looked to Times Opinion writers.

By The New York Times Opinion

Infosys to acquire U.S.-based Blue Acorn iCi for $125 mn

The acquisition is expected to close during the third quarter of fiscal 2021, subject to customary closing conditions. .

Infosys, a Bengaluru-based IT services firm, entered into a definitive agreement to acquire Blue Acorn iCi, which offers digital customer experience, commerce and analytics, for a consideration of $125 million (approximately ₹915 crore), a listing on the BSE said on Thursday.

Blue Acorn iCi is an award-winning digital customer experience company and it brings to Infosys significant cross-technology capabilities through the convergence of customer experience, digital commerce, analytics, and experience-driven commerce services, as per the filing.

With services that include strategy, analytics, design, and engineering, Blue Acorn iCi works with global brands across industries from Media, ConsumerGoods & Retail, to Financial Services, Manufacturing and Technology.

Ravi Kumar S, president, Infosys, said, “The Blue Acorn iCi acquisition is another important milestone in Infosys’ journey to build capabilities relevant to the digital priorities of our clients and reaffirms our commitment to the Adobe ecosystem.”

The acquisition is expected to close during the third quarter of fiscal 2021, subject to customary closing conditions.

Rupee settles 9 paise higher at 73.24 against US dollar

This is the second consecutive session of gain for the rupee.

The rupee strengthened by 9 paise to close at 73.24 against the US dollar on Thursday, supported by positive domestic equities and weak American currency.

At the interbank forex market, the rupee traded in a narrow range. It opened at 73.29 against the American currency and gained further ground to finally settle at 73.24, up 9 paise from its previous close of 73.33.

This is the second consecutive session of gain for the rupee.

During the session, the domestic unit witnessed an intra-day high of 73.22 and a low of 73.35 against the US dollar.

Traders said investors are cautious ahead of the RBI Monetary Policy Committee (MPC) decision on Friday.

The newly-constituted MPC of the Reserve Bank began its three-day deliberations on Wednesday. The decision of the rate-setting panel will be announced on October 9.

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.05% to 93.57.

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 435.66 points higher at 40,314.61, and the broader NSE Nifty rose 120.85 points to 11,859.70.

Foreign institutional investors were net buyers in the capital market as they purchased shares worth ₹ 1,093.81 crore on Wednesday, according to exchange data.

Brent crude futures, the global oil benchmark, rose 0.88% to USD 42.36 per barrel.

Botswana’s Central Bank Cuts Key Interest Rate to Record Low

Botswana’s central bank cut its benchmark interest rate to a record low after the biggest yet economic contraction in the second quarter.

The monetary policy committee reduced the rate to 3.75% from 4.25%, Governor Moses Pelaelo told reporters Thursday in the capital, Gaborone. That’s the first easing since a half-point reduction in April and the second cut this year.

Key Insights

  • Inflation was 1% in August, and has been below the central bank’s target of 3% to 6% for 11 months. It was only expected to return to within range in the third quarter of 2021.
  • The International Monetary Fund forecasts an economic contraction of 9.6% in 2020 before rebounding to growth of 8.6% next year.
  • “The economy will operate below full capacity in the short- to medium-term and therefore we expect low inflation pressures going forward,” Pelaelo said.

Norway's King Harald to undergo heart surgery, says royal palace

FILE PHOTO: Norway’s King Harald V reviews an honor guard at the Royal Palace in Amman, Jordan March 2, 2020. REUTERS/Muhammad Hamed

OSLO (Reuters) – Norway’s King Harald will undergo surgery this week to replace a heart valve, the royal palace said in a statement on Thursday.

The 83-year-old monarch, who does not have formal political powers, has been Norway’s head of state since 1991.

The 2020 NFL season has been rough for former Colorado prep football star running backs – The Denver Post

Kalen Ballage, free agent

Austin Ekeler, Chargers

Phillip Lindsay, Broncos

Christian McCaffrey, Panthers