EW YORK (AP) — Consumers’ more upbeat mood is spreading to Wall Street. Stocks surged Tuesday after the Conference Board said consumer sentiment rose in May to the highest level since September. All the major stock indicators rose more than 2 percent, including the Dow Jones …

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According to ICICIdirect.com’s report, the Sensex has supports at 13610 and 13480 and resistances at 14030 and 14290. ICICIdirect.com’s report: We expect the Indian market to open flat and trade volatile. Until the new government presents its Budget, expectations will build …

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Fundamentals don’t justify such high valuations, feel analysts.After pushing up the Bombay Stock Exchange Sensitive Index, or Sensex, from 8,100 to 14,000 since March 9, foreign institutional investors (FIIs) could be looking to book some profits in the coming days. The reason: valuatio…

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MUMBAI: Equities faced heavy selling pressure towards the end of the session as investors took to booking profits ahead of the F&O expiry. All sectors such as realty and capital goods which were in focus in the earlier trading sessions were badly hit. On the other hand, technology st…

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The Bombay Stock Exchange (BSE) will discontinue F&O contracts on Aptech, Hindustan Zinc, Mahanagar Telephone Nigam, Oracle Financial Services Software, Power Finance Corporation and BSE FMCG Index. 532475 – Aptech 500188 – Hindustan Zinc 500108 – Mahanagar Telep…

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MUMBAI: Anil Ambani group entity Reliance Infrastructure today said it has sought shareholder approval for raising up to Rs 4,300 crore through preferential allotment of shares to promoters and issuance of securities to qualified institutional buyers. In a filing to the Bombay Stock Exc…

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MUMBAI: Fallen angel stocks — the ones that peaked during the boom, only to tank in the Sensex crash — are getting a new life as fund managers, who were under fire for being overcautious, look to deploy their idle cash in these so as not to be seen missing out on the current market ra…

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By Surojit Gupta and Rajkumar Ray NEW DELHI (Reuters) – India’s new finance minister Pranab Mukherjee said on Saturday he would take steps to protect the economy from the adverse impacts of the global slump and promised to return the country to a high growth path. Growth is…

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Last Monday proved to be a europhic day for Indian investors with the markets hitting the upper circuit as the news of a new Central government, insulated from the vagaries of coalition politics, unleashed a wave of positive sentiments. The Sensex jumped 2,000 points touching 14,000, th…

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NEW DELHI: India’s largest telco Bharti Airtel on Monday said it has in talks to acquire a 49% stake in Africa’s largest telco MTN to create a entity stretching from the Cape of Good Hope across the African continent, West Asia and the Indian Subcontinent with revenues of about $20 bi…

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