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Investors lost Rs 20 lakh cr in stocks this yr

Posted on: Wednesday, December 28th 2011 and is filed under Market News.

In a departure from big gains in the past two years, investors saw around Rs 20 lakh crore of their wealth eroded as Indian equities tanked in 2011 because of inflation, high interest rates and the uncertain global growth environment accentuated by the euro zone debt crisis. In addition,...

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Iran threatens to block Strait of Hormuz oil route

Posted on: Wednesday, December 28th 2011 and is filed under Market News.

Iran says it may close a vital oil-trade route if the West imposes more sanctions over its controversial nuclear programme. Vice President Mohammad Reza Rahimi warned that “not a drop of oil will pass through the Strait of Hormuz” if sanctions are widened. Iran’s navy ...

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Now, CAG unearths pulses scam

Posted on: Wednesday, December 28th 2011 and is filed under Press Releases.

Flays department of consumer affairs and public distribution for the losses between 2006 and 2011. A Comptroller and Auditor General (CAG) report has nailed the department of consumer affairs and public distribution for causing losses of Rs 1,201 crore to state-owned agencies MMTC, STC, ...

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Intraday calls for 28-12-11

Posted on: Wednesday, December 28th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open flat, Support for nifty is at 4720 and resistance at 4810 Sell Tata Power on rise, around 92.50 for a target of 89, SL 94 ...

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Stocks barely changed in light holiday trading – Wall Street

Posted on: Wednesday, December 28th 2011 and is filed under Market News.

Stocks barely changed in light holiday trading; Consumer confidence surges, Sears plunges NEW YORK (AP) — Stocks are closing barely changed in very light trading on the last week of the year. The economic news was mixed, sending stocks bouncing up and down in a narrow range for mo...

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Gold futures fall on global cues

Posted on: Tuesday, December 27th 2011 and is filed under Market News.

Tracking a weakening global trend, gold futures fell by Rs 166 to Rs 27,613 per 10 grams today, as speculators offloaded their positions. At the Multi Commodity Exchange, February gold fell by Rs 166, or 0.60%, to Rs 27.613 per 10 grams, with a business turnover of 5,193 lots. The April...

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Intraday calls for 27-12-11

Posted on: Tuesday, December 27th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to open higher, resistance at 4810, support at 4740 If Markets show weakness during the day, go short on Bharti Airtel Wont be able to be online due to internet issues ...

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Intraday calls for 26-12-11

Posted on: Monday, December 26th 2011 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see a flat opening.. Support for nifty is at 4650 and resistance at 4760. Buy Wipro at 404-406, target: 413. Stoploss: 399. Trade in small quantity ...

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Three quarters before returns turn positive

Posted on: Sunday, December 25th 2011 and is filed under Market News.

Increase investments when prices drop substantially. This year has been quite disastrous and the prognosis for 2012 doesn’t look great. Although 2008 saw a steeper fall in stockmarket prices, governments had resources for counter-cyclical action. Now, government finances are under stra...

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Weekly Report: BSE gains over 1%, broader market down

Posted on: Saturday, December 24th 2011 and is filed under Market News.

India’s benchmark share indices ended over 1% higher in the week to December 23, despite slumping to 28-month lows intra-week, after encouraging food inflation data and strong global cues. However, the broader market continues to remain weak as investors shunned investments in mid-c...

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