The benchmark indices ended marginally weak after giving up all the gains in the last half an hour of the trade. Both the indices started on a strong note following positive Asian markets and rally in US markets. The Sensex closed at 9,402, down 21 points and the Nifty ended at 2,938 down…

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MUMBAI: The country’s 10 most valued firms continued their gaining streak by adding over Rs 37,000 crore to their market capitalisation last week, with the state-run ONGC accounting for over one-third of the total gain. …

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Sun Pharmaceutical Industries, which is attempting a hostile takeover of Israel-based Taro Pharmaceutical, extended the tender offer to acquire the remaining stake in the drug maker to April 3, as it launched a fresh round of negotiations to settle the differences out-of-the-court. …

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Akruti City finally settled with a hefty loss of nearly 28% at Rs 1,608. The counter saw trades of around 27 lakh shares so far on the BSE today. Akruti City continues to languish at lower levels and is still down almost 25% at Rs 1,675. The counter has seen trades of around 16.57 lakh s…

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iGATE has not filed an Expression of Interest (EoI) to bid for Satyam Computer Services before the 5pm deadline set by the crisis-mauled company’s board. On the other hand, the remaining three bidders, Tech Mahindra, Larsen & Toubro and Spice Group, went ahead and submitted the…

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Realty and metal stocks shine today; Mid-caps – Tulip Telecom zooms 31%, Akuti City skyrockets 28%The Sensex opened 92 points higher at 8,956 backed by positive global cues. Aggressive buying in realty and metal stocks led the index rally to a high of 9,120 – up 256 points fro…

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MUMBAI: Asia ex-Japan Equity Funds saw the biggest outflows in dollar terms–a 20-week high of $1.09 billion during the week ending March 4, as per data by Emerging markets Portfolio Funds Research (EPFR). Globally, investors withdrew $12.9 billion from equity and bond funds and moved it…

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Markets fell to its lowest since November 2005 after witnessing significant selling pressure despite inflation touching its seven-year low. It was a scary session for the markets led by cash based selling in heavyweights from oil & gas, capital goods, banking, FMCG and power sectors….

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Global IT giant IBM is understood to be the front-runner to acquire Satyam Computer Solutions, a company it named as one of its main competitors in a filing to the New York Stock Exchange in February.The US major, said sources close to the developments, has begun discussions with Satyam&#…

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Negative global cues suggest a weak opening for our markets this morning.The Sensex is very likely to open below the monthly S1 (support 1) level of 8,725, hence the index may then very well test its quarterly support of 8,435 today or tomorrow. …

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