Does not want Satyam shareholders to be punished twice. India has requested authorities in the United States not to take any action against scam-hit Satyam, as it would amount to punishing shareholders of the IT company for a second time. “Sebi has marshalled a request (to US Securiti…

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Support at 5,150, resistance at 5,300. The market hit a new 52-week high in the first full week of trading. But volumes tapered off and prices dropped towards the weekend. The Nifty closed at 5,244.75 points with a gain of 0.8 per cent after climbing to 5,310. The Sensex was up 0.4 per c…

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Both Nifty and Sensex on Thursday closed in the red on profit-booking and weak global markets. Automobiles, information technology, realty, healthcare and FMCG (fast moving consumer goods) stocks led the fall. The Nifty, as expected, moved in a narrow range, faced resistance above 5,300, …

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Consumer confidence has fallen marginally in India (117 index points), but the country still retains the second spot behind the leader Hong Kong (93), a new Nielsen Global Consumer Confidence survey has stated. The confidence index is measured inversely — the higher the number, the lowe…

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YSR Crash News from exiledonline.com What does the mysterious helicopter crash that killed one of India’s most popular politicians have to do with White House economic czar Larry Summers? Read on… First, the crash: one of India’s most popular politicians, who heads the state of An…

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Andhra Bank ended at Rs 109, stronger by 1.5%, on the BSE. The stock opened at Rs 109 and touched a high of Rs 110 and a low of Rs 108 during the day. The counter saw total trades of 2.84 lakh shares as against the two-week average of 2.68 lakh shares. Andhra Bank is eyeing Rs 3,600 c…

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The Nifty faced strong resistance above 5,300 and closed in a Doji pattern, indicating indecisiveness among participants. Nifty January futures closed at a marginal premium to the spot with an 1.8 per cent rise in open interest, mostly through change of hands, indicating short build-up. …

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The Securities and Exchange Board of India (Sebi) has debarred three market players from dealing in securities for three years for manipulating trading in shares of Nissan Copper. “…Sebi has passed an order…Restraining Deven Patel, Tejas Patel and Smitaben N Shah from b…

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A happy New Year! Grant that I May bring no tear to any eye When this New Year in time shall end Let it be said I’ve played the friend, Have lived and loved and labored here, And made of it a happy year. Ring out the old, ring in the new, Ring, happy bells, across the snow: …

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ANMI attempts to perusade NSE and BSE to stick to current opening time. A leading association of stock brokers today asked both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) to maintain status quo on trading timings until the infrastructure required for extending the hour…

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