The markets were trading marginally lower in a choppy session of trade due to losses in auto shares. The BSE Sensex was at 16,959, down 1 point and the Nifty was at 5,095, down 3 points. Earlier in the day Sensex fluctuated between gains and losses. The index touched a high of 17,084 in …

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By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks rose on Wednesday as Europe’s progress toward bolstering its financial rescue fund brought more battle-weary investors back into the market. Momentum buying was partly in play, analysts said, as investors tried to lat…

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The industrial growth of the country slowed to 4.1% in August on account of the poor performance of the manufacturing sector and a decline in mining output, indicating an economic slowdown. Growth in factory output, as measured in terms of the Index of Industrial Production (IIP), stood …

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Six leading bankers say the overall mood on economic growth is fairly bright, but the early signs of stress can’t be ignored. ON RATE HIKES. WILL THEY BE PASSED ON? Pratip Chaudhuri: Any hike by the Reserve Bank of India has to be passed on because any input prices rise will have to b…

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Markets shall remain closed tomorrow 6th October 2011 on account of Dassera. Other remaining holidays for 2011: Wednesday 26th October, 2011 Diwali Amavasya (Laxmi Pujan) Thursday 27th October, 2011 Diwali Balipratipada Monday 7th November 2011 Bakri-Id Thursday 10th November, 2011 G…

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U.S. stocks rallied, driving the Standard & Poor’s 500 Index up 4.1 percent in the final 50 minutes, amid speculation European Union officials are examining how to recapitalize the region’s banks. Treasuries fell and the euro rallied. The S&P 500 surged 2.3 percent to 1,123…

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Weak PMI gives rise to fears of sub-8% economic growth for the third quarter in a row. India’s manufacturing activity has been showing clear signs of a slowdown in growth as it bears the brunt of monetary tightening, which may have repercussions for industrial and overall economic grow…

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Shares of India’s JSW Steel fell to a more than two-year low on Monday on media reports of raids by the CBI at its plant, which the company denied and a rating downgrade by a US investment bank. Morgan Stanley on Monday downgraded the stock to “underweight” from “…

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Asia stocks dropped, following the regional index’s biggest quarterly loss since 2008, and the euro fell to an eight-month low against the dollar before European finance ministers gather to weigh the threat of a Greek default. Oil traded below $80 a barrel and copper sank a fourth day. …

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The markets did well to recover from the early week lows, but still witnessed significant volatility throughout the week owing to global worries. The Sensex, from an early week low of 15,801, rallied smartly to a high of 16,756 — up 955 points led by buying in select index heavyweights …

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