By Glen Carey and Mohammed Hatem (Updates with Amnesty International comment in ninth paragraph, markets in 11th and 12th.) Feb. 15 (Bloomberg) — Rallies in Bahrain to demand democracy and an end to discrimination against the Shiite Muslim majority escalated after the death of a s…

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Corruption and inflation were major concerns among Indian investors, according to a survey done by ValueNotes on behalf of JP Morgan Asset Management in December. However, investors were less worried about the global economy, keeping the overall confidence high, the survey showed. Also…

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Tata Motors has rallied 5% to Rs 1,199 after reporting almost four-fold jump in its consolidated net profit to Rs 2,424 crore for the quarter ended December 31, 2010, beating market forecasts. Net profit in the year-ago period stood at Rs 650 crore profit. Consolidated net sales for the …

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After a fall for three successive weeks, the stock markets are likely to witness a relief rally in the coming week on the back of normalcy in Egypt and a correcting trend in global crude oil prices. The Bombay Stock Exchange bellwether has plummeted by 6.72% or 1,278.92 points in the las…

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Hosni Mubarak stepped down as president of Egypt and handed power to the military, bowing to the demands of protesters that have occupied central Cairo for the past three weeks demanding an end to his 30-year rule. “Mubarak has decided to relinquish the office of the presidency,” sai…

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Nifty is nearing 500 EMA of 5145 and also as shown in the chart below nifty has strong support at 5180-5200 levels. Technicals suggest markets could see a bounce from here. A 100-150 point bounce is likely on account of short covering. Markets have recently had quite a bit of negative new…

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The markets continued their southbound journey in this session, nullifying the short-lived attempt at a pullback midway through the session. The Sensex kissed positive territory for a brief instance in the afternoon, only to come off and end lower by 129 points at 17463 and the Nifty shut…

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As the below chart indicates, strong support for Nifty comes in at 5200-5250 levels. If Nifty manages to hold onto these levels, we could see a bounce back upto 5400-5450 levels. On the downside, if Nifty manages to close below 5200 and trade below it for 2-4 days, then the uptrend market…

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The combined market capitalisation (m-cap) of five of the country’s top-10 firms declined by Rs 40,695.4 crore last week, with state-run power producer NTPC emerging as the biggest loser. The market valuation of NTPC fell by Rs 12,409.41 crore to Rs 1,45,738.51 crore as shares of t…

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Akula urges RBI intervention, says difficult to continue if restrictive law remains. SKS Microfinance may consider pulling out of Andhra Pradesh if the state government does not revoke its recent restrictive legislation on microfinance institutions (MFIs) by April 1. “Until RBI (Reser…

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