The BSE Realty index had underperformed the market over the past one month till 27 January 2011, falling almost 15% compared with the Sensex’s 7-8% decline. The The BSE Realty index had also underperformed the market in past one quarter, sliding around 40% as against 7.5% decline in…

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Manufacturing activity rises at fastest pace since May 2004; construction spending plunges Christopher S. Rugaber, AP Economics Writer, On Tuesday February 1, 2011, 12:02 pm EST WASHINGTON (AP) — Factory activity expanded in January at the fastest pace in nearly seven years, as m…

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In a move that will be closely watched by other bourses, the Bombay Stock Exchange (BSE) has decided to introduce delivery-based stock futures and options contracts (F&O) from February. The move comes six months after the capital market regulator gave the go-ahead for delivery-based …

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Looking at the Nifty chart below, it seems Nifty is likely to trade in the 5250-5850 range in near term. Considering the recent fall we can expect a small bounce, possibly up to 5620 levels. On the downside, 5350-5400 levels are likely in coming days. For now Nifty will face strong resist…

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Cairo residents boarded up homes and set up neighborhood watches of citizens armed with guns, clubs and knives as looting and violence engulfed the capital. With the police having disappeared from the streets, the army expanded its presence of tanks and armored personnel carriers but mai…

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“No Idea, Get Idea”. Idea Cellular’s campaign to woo subscribers of rival telecom companies seems to be paying it rich dividends. The country’s sixth-largest mobile operator was the biggest gainer in the first eight days of mobile number portability (MNP) being launched across the…

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SI Reporter / New Delhi January 28, 2011, 13:46 IST After breaking its 200-DMA yesterday, the Nifty has now cracked below yet another physchological mark of 5500. The NSE benchmark index has now shed 108 points at 5496. Meanwhile, unabated selling in the markets has seen the Sensex shav…

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Markets likely to open lower, Nifty looks weak below its 200 DMA of 5615, if we manage to close below 5615 for a couple of days, we could see 5500 and lower levels Sell ABB around 720, Target: 705, SL 732 (book profits at 703) 10.13AM – Sell edserv softsystems at 146.60, target: 1…

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Nifty has been finding strong support at 200dma this entire month and has managed to bounce back from here time and again. If Nifty manages to close below this important support level of 5615 for couple of days, we could expect further downside in markets. Possibly upto 5500. On the upsid…

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With the Dow nearing 12,000, many would like you to believe it’s a stock-pickers market. But, if you ask Reuters market editor David Gaffen, he’d disagree. Gaffen is the author of the new book for which the title says it all, “Never Buy Another Stock Again: The Investing Portfolio …

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