By Caroline Valetkevitch NEW YORK (Reuters) – Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis. The Dow posted its best day since M…

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Terming the 6.9% economic growth in the second quarter as “lower than expectation”, the Prime Minister’s Economic Advisory Council today said that good performance by farm sector would take annual growth for FY12 to 7.5%. “The growth in second quarter is lower tha…

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Markets likely to open lower, support for Nifty at 4780 and resistance at 4870 Buy Glenmark Pharmaceuticals on dips (trade in small quantity) …

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Chancellor George Osborne has said public sector pay rises will be capped at 1% for two years, as he lowered growth forecasts for the UK economy. The number of public sector jobs set to be lost by 2017 has also been revised up from 400,000 to 710,000. Borrowing and unemployment are set …

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SKS Microfinance is trading lower by 4% at Rs 99.65, extending its 10% decline in past three days, after the exit of the company’s founder and executive chairman Vikram Akula. The company did not give any reason for the resignation. India’s only listed micro-finance institution said …

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Markets likely to open flat. Resistance for nifty is at 4930. Buy Power Finance Corporation (PFC) at 168.9, target: 174. Stoploss: 165 – (SL Triggered) …

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Markets likely to open gap up. Support for nifty is at 4680 and resistance at 4770 Buy Mahindra & Mahindra at 706-710, target: 722. Stoploss: 697 3:01pm: Book profits in Reliance around 784 …

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A visibly upset Pranab Mukherjee, the senior most Congress politician had this to say soon after a citizen slapped Sharad Pawar in New Delhi on Thursday: “I don’t know where the country is going”. He had a scowl becoming his ire as he walked to his official car from his office. I w…

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Under political attack, the government on Friday put out a strong defence of its decision to allow up to 51 per cent foreign direct investment in multi-brand retail and up to 100 per cent in single-brand retail. The move, it said, would generate about 10 million jobs over three years and…

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Markets likely to open flat. Support for nifty is at 4700 and resistance at 4780 Buy Apollo Tyres at 64-64.60, target: 67. Stoploss: 62 Buy Tata motors at 173, target: 178. Stoploss: 169 – (Book profit in tata motors at 177) 1.40pm – Buy Reliance ind at 766, target: 785. St…

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