Angel Broking has maintained its buy rating on Ipca Laboratories with a target price of Rs 684 in its May 29, 2009 research report. “Ipca, a vertically integrated company with a geographically diversified business model, has grown at a steady pace in the past posting a CAGR of 17.3% in…

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MUMBAI: Actively-managed diversified stock funds in India posted their best monthly gain in 17 years with a majority beating the benchmark index in May, lifted by a sharper rally in their mid-cap and small-cap bets. Large exposure to basic engineering and financials, among their top-3 pr…

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MUMBAI: PSU stocks are on a roll. Market expectations that the UPA government, without the baggage of its Left allies, would push forward with the divestment of PSU companies, is driving these stocks. As a result, since May 16 the investor euphoria for stocks of government-run companies,…

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Results today: HPCL Bharti-MTN -Exclusive: Sunil Mittal says no proposal to revise offer for MTN right now, to remain in talks till July 31 -MTN institutional investors eye Bharti raising MTN bid to ZAR 200/share RIL – From NW18 -DGH (directorate general of hydrocarbons) object…

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NEW YORK (Reuters) – Stocks rallied on Monday as reassuring economic data spurred optimism the recession is abating, overshadowing a long-expected bankruptcy filing by General Motors. The U.S. manufacturing sector contracted in May but at a slower rate than expected and posted its …

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WASHINGTON (AP) — President Barack Obama pushed a humbled General Motors Corp. into bankruptcy on Monday and said the federal government will act as “reluctant shareholder” when it assumes a 60 percent ownership of the smaller carmaker that emerges. The president said …

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The BSE Sensex may look to hit the 15k levels on Tuesday, provided global cues are supportive. Technically as well, 4,550 look to be a strong resistance levels from where the Nifty turned around on Monday. It was the fourth straight say of gains for Dalal Street as the key indices ended …

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BSE Sensex: (14841) we said ‘technically the trend is still intact up and we may see an assault on the recent high’ the market came very close to the recent high on the Sensex but it certainly did make a new high on the Nifty front…technically the trend is still intact up but as it …

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Angel Broking has maintained its reduce rating on Madras Cements with a target price of Rs 90 in its May 29, 2009 research report. “We expect the domestic cement industry to witness substantial bunching up of capacities over the next couple of years. As per the company’s announce…

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Matrix: -Mylan accepts exit price of Rs 211/share for Matrix Labs Mylan says -Will accept all tendered shares at Rs 211/sh -Will have over 90% stake in Matrix Labs, will delist company Bharti-MTN Deal: -Mikati Family, Major MTN shareholder, says to vote in favour of deal -Mikati Fa…

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