The Sensex has extended losses and is now down 239 points at 11,878.The BSE Metal index has plunged over 3% to 7,897. The Bankex has dropped nearly 3% to 6,028, and the IT index has declined nearly 2% to 2,732. Sterlite has slumped over 6% …

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Government “stress tests” of the US financial industry found that 10 of the 19 largest banks need a combined $75 billion to weather the continuing recession, US regulators said on Thursday. Treasury Secretary Timothy Geithner said that much …

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MUMBAI: Promoters and investors in 50 companies, who did not convert their warrants into shares to avoid losing money, have forfeited more than Rs 1,000 crore they paid at the time of allocation, according to data collated by ET. …

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MUMBAI: Arihant Capital Markets has advised traders to Buy Bajaj Hindustan for target of Rs 130-135 and keep a stoploss of Rs 88. “The 14 days Moving Average of Bajaj Hindusthan is at Rs 79. On the daily charts, the stock is in buy on RSI and its …

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MUMBAI: Angel Broking advises traders to buy Tata Steel above Rs 298 for target of Rs 310. “The stock has closed near the trend line resistance of Rs 298 with rising volumes. This suggests further upside in the coming trading session. …

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All eyes would be on the results of stress test, regulators are slated to release the results of the stress tests, aimed at assessing banks` overall health. Indian markets staged a smart recovery on Thursday recovering almost all the previous day losses. …

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Bharati Shipyard, India’s second-largest private sector shipbuilder, today said it had acquired a 14.89 per cent stake in Great Offshore.The company paid Rs 315 each for the 5.53 million shares in a deal worth Rs 174 crore. Last year, Great Offshore’s …

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Markets likley to open flat. Buy Mercator Lines for a target of 43.50 Stoploss: 40.30 Buy Bharti Airtel on dips for a target of 805. Stoploss: 765 Short sell: DLF below 238, target: 228. Stoploss: 243 …

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Call given at 15, CMP 25. Book 50% profits at 25 and hold the rest for Long term. CCIL – Country Club India Ltd is one of the fastest growing entertainment and leisure conglomerate in India. A Multi-Million dollar entity and a listed company on BSE (Bombay Stock Exchange), CCIL is …

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Call given at 10, CMP 21.90. Book 50% profits at 21 and hold the rest for Long term. Karuturi Global is the world’s largest producer of roses, cultivating 585 million stems per annual. Boasts over a decade of experience in rose cultivation with operations in Ethiopia, Kenya and India. …

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