Results today: Birla Power, Nocil Omaxe board approves -QIP (qualified institutional placement) issue up to Rs 1800 crore -Increase FII investment limit up to 40% from 24% Pantaloon Retail board approves -Raising long term funds up to Rs 1000 crore -Merger of subsidiary Home Solutio…

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Technical Analyst, Mitesh Thacker is of the view that Alok Industries has target of Rs 30-34. Thacker told CNBC-TV18, “On Alok, the two price targets that we are working with are around Rs 30-34. We saw all these stocks hit their weekly supply areas. In fact along with the index w…

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MUMBAI: The Bombay Stock Exchange benchmark Sensex on Monday suffered the third-biggest fall of the year and ended below the 15,000 level by BSE Cashing in on your money Know about stock arbitrage Better returns: Book capital losses Plan long term portfolio losing nearly 438 points …

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The Sensex opened 50 points higher at 15,153. A freak trade in Reliance saw the index touch a low of 14,761. The index soon touched a high of 15,201, before slipping back into the negative zone.The index, thereafter, tried to recover but failed. Aggressive profit-taking in realty and meta…

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MUMBAI: A wave of consolidation is likely to greet Dalal Street this week as the bellwether Sensex, which touched its 10-month-high level of BSE Cashing in on your money Know about stock arbitrage Better returns: Book capital losses Plan long term portfolio 15,103 points last week, …

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MUMBAI: The country’s top 10 firms added Rs 29,000 crore to their market capitalisation last week, with public sector trading firm MMTC contributing the major chunk. During the week ending June 5, state-owned MMTC was the biggest gainer and added Rs 33,201 crore to its market capit…

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Employers eliminated the fewest jobs in eight months in May, strengthening signs that the recession is easing, while a drop in wage growth offered a warning the recovery may be muted. Payrolls fell by 345,000, less than forecast, while the unemployment rate hit a 25-year high of 9.4 per …

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We said ‘Technically the trend is still intact up and there is no sign of weakness witnessed on the charts as yet but as the market climbs higher it sets itself up for a reaction’ The market unfolded and remained positive during the week. Technically the trend is still intact up and…

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Fortis Healthcare on Friday sealed a deal with Wockhardt Hospital to buy out the entire stake of the promoters for Rs 1,000 crore, according to senior company sources. The move has finally brought to an end months of speculation on the stake sale in Wockhardt Hospital by its founder Habil…

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WASHINGTON: The Obama administration is expected to announce next week that a higher-than-expected number of large financial institutions will be allowed to repay their government bailout funds, the Washington Post reported in its Saturday edition. Citing unnamed sources who spoke on the…

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