FII’s today seemed to have resumed their bulk buying, they made purchases of 2102 cr. in Cash Market today, keeping the Markets strong. DII’s on the other had remained net setters worth 1354.81 cr’s. Indices opened on a flat and gained momentum as the session progressed…

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The government is set to divest 10 per cent of its stake in Indian Oil Corporation, while 5 per cent in Oil and Natural Gas Corporation next year, a senior official said today. “The government plans to sell 5 per cent stake in ONGC and 10 per cent in IOC. We are yet to appoint a ba…

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ChartInk, Technical charts provider for Indian Markets, has just launched India’s first Point and Figure Charts on the Web. They are the oldest Charts used by Technical Analyst Point and figure is a charting technique, is used to attempt to predict…

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The government today fixed the price band of Coal India’s (CIL) initial public offer (IPO), billed as country’s largest, at Rs 225 to Rs 245 a share — a range which could help it raise over Rs 15,000 crore if the next week’s public offer is subscribed fully. The d…

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Stocks climb as weak jobs report adds to hopes for Fed action; Dow touches 11,000 Stephen Bernard, AP Business Writer, On Friday October 8, 2010, 2:07 pm NEW YORK (AP) — Stocks rose Friday after another weak report on unemployment added to expectations that the Federal Reserve w…

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Some of the money pulled out of mutual funds and the secondary market is coming back via public issues. With the benchmark Sensex nearing its January 2008 peak, retail investors are on a selling spree. Mutual funds are facing redemptions from retail investors looking for a profitable exi…

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UK-based Cairn Energy Plc will tomorrow seek shareholder nod for the sale of majority stake in its Indian arm to London-listed Vedanta Resources for up to $8.48 billion, a development that would close options for state-owned ONGC to make a counter offer. Cairn has called a General Meetin…

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US stocks get a lift from services sector gains; Japanese rate cut lifts world markets NEW YORK (AP) — Stocks rose Tuesday following news that activity expanded in the U.S. services sector last month. World markets also rose after the central bank of Japan surprised investors by …

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India’s largest initial public offering (IPO), to be floated by Coal India Ltd, is generating enormous interest in the grey market. Investment bankers and stockbrokers that control this unregulated market are already trading CIL shares at a Rs 10-12 premium — even before the price ban…

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“Stay together, stay one. India first, all else after” — tweeted Amitabh Bachchan on the morning of September 30. About 81 million internet subscribers across the country echoed his views throughout the day. Passions ran high as Indian users reinvented social activism by discussing…

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