Congress-led UPA alliance today appeared to be set for a clean sweep as the vote counting of the 15th Lok Sabha elections took place on Saturday (May 16). Meanwhile, ebullient Congress supporters today erupted into celebrations as initial trends showed the party leading in the seat tally …

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WASHINGTON: US consumer prices were unchanged in April from March and industrial output declined at a slower pace, reports showed on Friday, providing more evidence that the worst phase of the recession may be over. The Labor Department said its closely watched Consumer Price Index was f…

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MUMBAI: After the verdict to the month-long elections are announced Saturday and horse trading begins on the political race course to establish the governing coalition, Indian investors will have a clear direction on where the markets will head. Market players are of the view the electio…

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MUMBAI: The upswing in the stock market since early March has provided a lifeline to promoters of cash-starved companies, helping them raise the much-neede funds. So far, it has been the frontline companies that have benefited from the improved sentiment on bourses. Merchant banking circ…

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MUMBAI: Amidst the growing debate over the sustainability of the current rally, ICICI Securities has asserted that at this is point in time it would be too premature to say – “the worst is over”. It would be too early to conclude that the rally is the threshold to a probable recover…

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MUMBAI: Investment by Foreign Institutional Investors in Indian equities has touched the two billion dollar-mark (nearly Rs 10,000 crore) so far this year, which includes a record single day net purchase of Rs 4,085 crore. According to the latest available data on SEBI website, FIIs mad…

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MUMBAI: Indian markets showed some resilience on Thursday as compared to Asian peers but ended lower after opinion polls suggested a fractured mandate in the parliament. Markets opened with a gap-down in line with its peers but pared most of the losses as frontline stocks were bought at …

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MUMBAI: With the exit polls indicating that the Indian parliament could be headed for a weak coalition government, market players preferred to stay on the sidelines ahead of the final verdict on Saturday. According to the exit polls, the ruling Congress-led alliance and its rivals are fa…

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Speculation on election results has made the Indian stock markets jittery, a consequent market crash is seen as a good opportunity for retail investors to buy some fundamentally sound small cap stocks with a little higher risk appetite. According to market watchers, retail investors who …

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MUMBAI: Mixed cues from global shores along with Singapore Nifty futures currently trading in the negative territory, Indian markets are likely to open on a weak note. However, sustained buying by FIIs in index futures and spot segment is likely to keep the sentiments buoyant. High amou…

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