Domestic institutional investors (DIIs) were net buyers of Rs 308.39 crore (provisional) today, according to data released by BSE.While DIIs made gross purchases of Rs 1,208.45 crore, gross sales totalled Rs 900.06 crore. …

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If nothing else, the credit crisis of the past 18 months has debunked the notion of financial market being an all-knowing, self-correcting mechanism that perfectly allocates capital. Even Alan Greenspan admitted as much. …

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NEW YORK (AP) — Stocks bounded higher Thursday after banking giant Wells Fargo & Co. surprised the market with an early profit report that blew past analysts’ expectations thanks to a strong pickup in its lending business. …

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Reliance Infrastructure is among major gainers on the Nifty. It had touched an intraday high of Rs 647.90 and an intraday low of Rs 612.85. At 11:54 am, the share was quoting at Rs 643, up Rs 24.80, or 4.01%. …

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Markets likely to see a gap up opening. Buy Orbit Corporation for a target of 76. Stoploss: 70 Buy Rohit Ferro Tech for a target of 20.60 (5% circuit). Stoploss: 19.30 If markets show weakness later during the day, short sell: Reliance Industries. …

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After the biggest 4-week bull market since 1933, stocks have taken a pause. But the debate is still raging: Was that it? The bottom? The end of the second-worst bear market ever? Should you get in …

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BSE Sensex: (10742) we were expecting a reaction and the market gave one but the reaction got absorbed too fast indicating brute strength and generating a fresh buy signal…we ought to be seeing some more up move in the days to come… …

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Sunidhi Securities & Finance has recommended a buy rating on ESS DEE Aluminium with a target price of Rs 200 in its April 8, 2009 research report. “EDAL acquired a 90% stake in IFL for Rs 120 crore from Vedanta Group, making it a subsidiary. …

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Emkay Global Financial Services has maintained its reduce rating on Tata Chemicals with a price target of Rs 140 in its April 8, 2009 research report. “Tata Chemicals (TCL) management shared cautious outlook on their soda ash business in near future in our recent meeting with compan…

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Sunidhi Securities & Finance has recommended a buy rating on Micro Technologies with a target price of Rs 100 in the medium term in its April 8, 2009 research report. “During Q3FY09, consolidated sales have gone up by 43% to Rs 77 crore and net profit by 17% to Rs 18.4 crore. …

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