Gold investment has always been something of a tricky concept, in large part because it simply works so differently from other forms of investment. When you put your money into normal, publicly traded stocks, you can forecast the outlook for those stocks through observing a number of diff…

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The temporary suspension on mining iron ore in Goa is unlikely to substantially hit Sesa Goa and other miners in the state, as mining activity during the monsoon season is typically low. The company’s shares fell 5.81 per cent on Tuesday, closing at Rs 159.80 a share on the BSE. Sterl…

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Equity Investments have always been associated with high-risk quotient. A general formula that we have always known with respect to investment is; the higher the risk, the more the chances of earning. For example: a fund will offer you a 25% return with the risk quotient entailing to be 5…

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Benchmark share indices gained nearly 2% in the extended trading week ended September 8, amid a rally in global stocks after the European Central Bank rolled out a bond buying programme, led by software, auto and bank shares. The 30-share Sensex ended up 1.8% at 17,750 and the 50-share S…

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Stock trading in both Bombay Stock Exchange and National Stock Exchange will be opened for 1-1/2 hours on Saturday, September 8 Trading will start at 11:15 a.m. IST and end at 12:45 p.m. IST for both exchanges. The opening on Saturday comes as the BSE is testing its disaster recovery so…

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By Edward Krudy NEW YORK (Reuters) – Stocks in the U.S. and Europe soared and the euro rose on Thursday after the European Central Bank announced a bond-buying program to deal with the euro zone’s debt crisis. ECB President Mario Draghi largely confirmed market expectations …

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Cuts target price on stock from Rs 900 to Rs 800. Morgan Stanley downgraded Axis Bank to “underweight” from “equal weight” and cut its target price on the stock to Rs 800 from Rs 900, citing rising impairments. The investment bank expects the impaired loan formati…

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Nearly six months after he put the stake sale process of Whyte & Mackay on the fast track to find a solution to United Spirits’ high leverage, UB Group Chairman Vijay Mallya is understood to be nearing a deal to offload 49 per cent stake in the flagship subsidiary. United Spirits …

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Gross Domestic Product (GDP) for the April-June quarter grew a better-than-expected 5.5%, after eight successive quarters of declining growth. A CNBC-TV18 poll had estimated that quarterly GDP would grow 5.3%. However, the slight improvement in the figured failed to enthuse the market. …

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British telecoms firm BT is planning to sell about 5% of Tech Mahindra shares in the price band of Rs 735 to Rs 790 per share Tech Mahindra has dipped 5.5% at Rs 789 on reports that its foreign promoter British Telecommunications Plc (BT) is planning to sell part of its holding in IT s…

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