US markets are trading lower on concerns over the pace of economic recovery following an unexpected decline in new home sales and overall consumer sentiments.. New home sales slid 3.6 percent in September to 402,000 from 417,000 in August, well below the 440,000 analysts had forecast. …

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WASHINGTON – The cascade of bank failures this year surpassed 100 on Friday, the most in nearly two decades. And the trouble in the banking system from bad loans and the recession goes even deeper than the number suggests. Dozens, perhaps hundreds, of other banks remain open even thou…

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BGIL Films & Technologies Ltd. is a listed company on Mumbai Stock Exchange, an Infotainment Company with its core operation being related technologies into Media & Films. BGIL has set up a state of the art Digital Films & video Post Production Studio in Andheri (W) Mumbai, …

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Markets ended on a negative note today. Nifty was hammered down below 5000 levels, and finally made a close at 4,988 ending 75 points down. The main reason for the hammering seemed to be Global Markets, as U.S and European markets slipped in deep red, at their final hours. FII’s t…

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Dow Jones currently trading at 10,103 up +1.09%. NASDAQ at 2,175.03 up +0.85%. Dow seemed to easily cross is 10,000 mark resistance level easily today after a handful of earnings reports revived hopes that the economy is improving. This adds to the probability that Nifty and Sensex too a…

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There were a number of IPO’s that were listed in the first half of 2009, most of them underperformed the Markets. The IPO’s that fied to have a positive impact on the Markets were numerous some of them namely NHPC, Adani Power, Oil India, Euro Multivision Ltd, Excel Infoways L…

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The Noida Toll Bridge Company Ltd. (NTBCL) has been promoted by Infrastructure Leasing and Financial Services Ltd. (IL&FS) as a special purpose vehicle (SPV) to develop construct, operate and maintain the DND Flyway on a Build Own Operate Transfer (BOOT) basis. NTBCL is a public liste…

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Last Diwali Sensex gained 499 points on Muhurat day (October 28, 2008). Nifty closed at 2865 managing a gain of 134 points. Nearly 1 year has passed and now the Nifty traders at 5100 levels, a gain of 78% in just 1 year. The 5-6 months of consolidation were very painful to the Indian inv…

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Diwali is near, and it seems that we might continue some more positiveness in the markets, as the Industrial growth rose to a 22 month high figure August 2009. The latest IIP data has shown a year on year growth of 10.4% in output, making a 22 month high since the 12.2$ of October 2007. T…

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Sensex managed to close above 17,000 where as Nify above 5050. One reason being why the stock market showed a good momentum was the positive IIP numbers, India’s Industrial Production for the month of August was at 10.4% beating analyst expectations of 9.7%. It rose the most in over 22 …

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