Benchmark indices just about managed to snap a seven-day losing streak, as a 3 percent-decline in index heavyweight Reliance Industries erased much of the gains. The BSE-Sensex closed at 18704.53, up 23.11 points and the NSE Nifty at 5641.60, up 7.75 points. There was no respite for midcap and smallcap shares, which continued to slide in the absence of any buying support. L&T deal with Future Generali as positive as it significantly aids the Pantaloon 's attempt to reduce debt. "Though the Future group divested stake in the life insurance and the non-life insurance business, it has had no effect on Pantaloon's share-price."
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