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Posted on: April 15th, 2010 and is filed under Market News.

Some self-proclaimed stock advisors taking advantage of the market rally

Historically it has been observed that mid- and smallcap stocks rally to unreasonable heights when the rally in frontline companies nears its end. And, market players pointed out, usually this is the time when gullible investors step in to the market and lose their money. Some self-proc…

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Posted on: April 14th, 2010 and is filed under Market News.

Asian markets mostly rise on strong Intel results

Alex Kennedy, Associated Press Writer, On Wednesday April 14, 2010, 5:13 am SINGAPORE (AP) — Stocks mostly rose in Asia on Wednesday on investor optimism that better-than-expected first quarter results from Intel Corp. will usher in a strong corporate earnings season. Singapore&#…

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Posted on: April 13th, 2010 and is filed under Market News.

Markets to remain closed on 14-04-10

Markets to remain closed tomorrow (14-04-10) on account of Dr. Babasaheb Ambedkar Jayanti …

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Posted on: April 11th, 2010 and is filed under Market News.

Eurozone nations offer euro30 billion loans to Greece

Robert Wielaard, Associated Press Writer, On Sunday April 11, 2010, 12:59 pm BRUSSELS (AP) — Desperate to halt the Greek debt crisis that has hammered the euro, fellow eurozone governments tossed it a financial lifeline Sunday, saying they would make euro30 billion in loans availa…

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Posted on: April 10th, 2010 and is filed under Market News.

SEBI bans 14 insurance company’s from selling ULIPs

Market regulator SEBI has banned 14 major insurance companies from raising money from the public for any unit-linked insurance products (ULIPs), fueling a fresh war between SEBI and insurance watchdog IRDA, reports CNBC-TV18’s Avni Raja. The 14 companies are SBI Life, ICICI Prudent…

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Posted on: April 9th, 2010 and is filed under Market News.

Cabinet nod to SAIL divestment

The Cabinet Committee on Economic Affairs (CCEA) today approved disinvestment in Steel Authority of India Ltd (SAIL) to mop up an estimated Rs 16,000 crore. This is in line with the government’s disinvestment plan to raise Rs 40,000 crore in 2010-11 and will be followed by disinvestme…

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Posted on: April 8th, 2010 and is filed under Market News.

Stock markets correct on Greek worries

By Justin Carrigan and Stuart Wallace Greek bonds dropped, sending the yield premium over German debt to the widest since the euro’s inception, and stocks tumbled on speculation that the bailout of Europe’s most indebted nation will unravel. The yen rallied. The Greek 10-year sprea…

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Posted on: April 7th, 2010 and is filed under Market News.

Lowenstein: Thanks to Greenspan and Bernanke, The Next Crisis Could Be “Even Scarier”

Posted Apr 07, 2010 10:05am EDT by Peter Gorenstein in Investing, Newsmakers, Banking, Politics Related: Alan Greenspan is on Capitol Hill today testifying in front of the Financial Crisis Inquiry Commission. The former Federal Reserve Chairman Alan Greenspan has come under increased s…

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Posted on: April 7th, 2010 and is filed under Market News.

No relief in sight for oil companies

The surge in crude oil prices is projected to more than double the losses of oil marketing companies to Rs 98,000 crore and force the government to seriously consider a hike in petrol and diesel prices. Upstream companies such as ONGC will also take a hit due to the strengthening of the …

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Posted on: April 7th, 2010 and is filed under Market News.

Job openings rise in several sectors in February – Wall Street

Job openings rise in retail, manufacturing, other sectors in February; layoffs also drop WASHINGTON (AP) — Job openings rose in several sectors of the economy in February, including retail, manufacturing, transportation, restaurants and hotels, the Labor Department said Tuesday. …

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