JSW Steel has rallied on news that the company today reported turnaround in net profit as against a loss of Rs 49 crore reported in the quarter ended December, 2008. The stock has zoomed over 11% to Rs 424 on volumes of around 2.13 million shares …

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The Bombay Stock Exchange benchmark Sensex on Friday opened higher by 63 points on sustained buying by funds amid investors covering their pending positions. The 30-share barometer, which had gained 164.19 points in previous day’s trading, …

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Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as media reports trickled out that indicated balance sheets at major lenders …

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MUMBAI: Equities opened higher Thursday after last hour selling pressure in the previous session. Buoyant cues from global shores aided the positive sentiment. All sectoral indices posted decent gains. Bombay Stock Exchange’s Sensex was up 111 points …

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As expected, the Nifty crossed the 3,700-mark and made an intraday high of 3,717 (May futures 3,729) and retested recent supports. According to technical analyst Kamalesh Langote of vfmdirect.com, the market still holds the buy signal with …

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NEW YORK (AP) — Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as …

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New Delhi: India’s economy, which has been hit harder than expected by the global recession, may be on the path to recovery, some recent data suggests. Asia’s third-largest economy is expected to have grown …

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Credit cards are like double-edged swords; if you are not careful you can get hurt. Now that you have been warned, take a look at your credit card features closely and you will find ways to use it to your advantage. Before we begin, let us get an answer to one basic question: What is a c…

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MUMBAI: Anil Dhiru Bhai Ambani Group firm Reliance Capital has bought 17.41 lakh equity shares of battery maker HBL Power Systems for over Rs 30.31 crore. According to bulk deal data available on the Bombay Stock Exchange, Reliance Capital purchased 17,41,000 equity shares of HBL Power at…

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MUMBAI: The fund industry, forced to hibernate for a better part of the past year, are now back in action as a sharp surge in domestic shares revives hopes for a pick-up in flows into profitable equity assets. …

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