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Bush signs N-deal today; India expects 123 clarifications

Posted on: Wednesday, October 8th 2008 and is filed under Press Releases.

WASHINGTON: US president George W Bush is set to sign the legislation on the Indo-US nuclear deal into law on Wednesday, an occasion when India expects certain provisions of the 123 Agreement will be cleared. ...

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Intraday calls for 08-10-08

Markets likely to see a gap down openeing. Short sell: ...

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September slide: Shareholders lose Rs 2.3-lakh cr on US crisis

Posted on: Tuesday, October 7th 2008 and is filed under Market News.

MUMBAI: An estimated Rs 2.30-lakh-crore (Rs 2.30 trillion) of shareholders’ wealth has been eroded in September following the meltdown in the US financial markets, leading rating agency Crisil has said. The Indian equity market continued to slide in September with the S&P CNX N...

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Market Review for 8th October 2008

Posted on: Tuesday, October 7th 2008 and is filed under Market News.

BSE Sensex: (11695) we were expecting a bounce and the market cracked and then bounced back and closed above the crucial support of 3566…some sideways action with a slight upward bias is not r ruled out… ...

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Mkts end flat amid extreme volatility; Nifty above 3600

Posted on: Tuesday, October 7th 2008 and is filed under Market News.

It was a consolidation day for the markets, which were building base for the next move. They ended mixed amid extreme choppiness after Monday’s free fall. Oil, power and few auto stocks were on buyers’ radar while capital goods, technology, banking, realty, pharma and metal st...

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ONGC to join hands with Uranium Corp for exploration

Posted on: Tuesday, October 7th 2008 and is filed under Stock News.

Lunej (Gujarat), Oct 6 With the Indo-US nuclear deal throwing open new vistas of nuclear power generation in the country, Oil and Natural Gas Corporation Ltd (ONGC) would shortly sign a memorandum of understanding (MoU) with State-owned Uranium Corporation of India for exploration and min...

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After Jan carnage, investors now feel the Oct heat

Posted on: Tuesday, October 7th 2008 and is filed under Market News.

AHMEDABAD: Ten months after first bloodbath in January 2008 shook Dalal Street, bears returned on Monday with the same vigour, forcing investors to lose their courage and patience. As the Sensex cracked the psychological barrier of 12,000, many traders and investors chose to forgo their p...

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Intraday calls for 07-10-08

Markets likely to open flat. Markets may show ...

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Wall Street tumbles amid global sell-off, falls below 10,000

Posted on: Monday, October 6th 2008 and is filed under Press Releases.

NEW YORK: Wall Street tumbled on Monday, joining a selloff around the world, as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the US and other governments. The credit market remained under strain, and investors piled into governmen...

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BNP Paribas’ 12-month Sensex target 9476

Posted on: Monday, October 6th 2008 and is filed under Press Releases.

MUMBAI: The Reserve Bank on Monday slashed by 0.50 per cent the rate of mandatory deposits that banks need to keep with it to ease the tight liquidity position, a move that may induce banks to lower commercial lending rates. ...

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