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Posted on: March 22nd, 2013 and is filed under Market News.

Markets open flat as auto, realty stocks gain

Markets have slipped into the red following cues from the global bourses. The Sensex is flat at 18,813 – up around 20 points. Nifty is at 5,667 – up eight points. U.S. stocks fell Thursday, with technology stocks weighing on the broader market following lackluster earnings fr…

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Posted on: March 21st, 2013 and is filed under Market News.

Bharti Airtel surges 8% after 9% fall in two days

The company’s partner Singapore Telecommunications, which owns about one-third of Bharti, said that it has full faith in the Indian company’s corporate-governance Bharti Airtel has surged almost 8% to Rs 302, recovering almost all its losses made in past two days on the bours…

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Posted on: March 20th, 2013 and is filed under Market News.

HDIL hits 52-week low on heavy volumes

The stock has underperformed the market by falling 55% in past two months after vice-chairman and managing director Sarang Wadhawan sold a partial stake in the company. HDIL has tanked 10% to Rs 54.75 on back of heavy volumes on the bourses. The stock opened at Rs 60.25 and hit a low of…

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Posted on: March 19th, 2013 and is filed under Market News.

DMK pulls out of UPA Govt over Sri Lankan Tamils issue

DMK pulls out of UPA Govt over Sri Lankan Tamils issue …

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Posted on: March 18th, 2013 and is filed under Market News.

RBI policy key for stock markets this week: analysts

Looking at the upcoming monetary policy, a 25 bps may not surprise he market, while a 50 bps may infuse a new lease into bulls Stock markets are likely to see range-bound trading this week in view of RBI’s monetary policy review on Tuesday, with analysts widely expecting the centra…

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Posted on: March 15th, 2013 and is filed under Market News.

Foreign investors cut mid-cap holdings to five-year low, focus on benchmark stocks with easy exits

Foreign portfolio investors are loading up on stocks in the automobile, financial and information technology sectors, led by Maruti Suzuki 3.43 %, Bajaj Auto -2.05 %, HDFC 0.60 % and Cipla 0.48 %, while trimming their holdings in real estate and the oil and gas sectors and reducing their …

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Posted on: March 14th, 2013 and is filed under Market News.

Bank and auto shares drag sensex down 100pts

he Sensex, after opening marginally in green, has slipped almost 100 points to 19,264. Nifty is down 35 points at 5,816 Markets have slumped suddenly on selling pressure in select sectors. The Sensex, after opening marginally in green, has slipped almost 100 points to 19,264. Nifty is do…

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Posted on: March 12th, 2013 and is filed under Market News.

Industrial output inches up to 2.4% in January

Zeebiz Bureau New Delhi: Showing signs of recovery in the Indian economy, industrial output in January grew by 2.4 percent compared to 1 percent in the same month last year. The industrial output, as measured by the Index of Industrial Production (IIP) had grown by 1.4 percent in Januar…

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Posted on: March 11th, 2013 and is filed under Market News.

Domestic car sales down 25.71%, biggest fall in 12 years

NEW DELHI: Car sales in India slumped 25.7 percent in February, the biggest fall in more than 12 years and the fourth consecutive monthly slide, an industry body said on Monday, as sluggish economic growth continues to weigh on demand. The industry is expected to see it first decline in …

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Posted on: March 10th, 2013 and is filed under Market News.

Dow record not necessarily a buy signal

he Dow’s run to record highs in the stock market’s rally this year may not mean it’s time for investors to go on a buying spree. Instead, many financial advisers are telling clients to go easy, whether they’re just getting back into stocks or seeking to add to equ…

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