By Ryan Vlastelica NEW YORK (Reuters) – Stocks fell for a second straight day on Tuesday after the Federal Reserve gave no hints of new stimulus measures to offset the effects of the worsening European debt crisis. Though the Fed did leave the door open to further easing next year…

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India’s industrial output shrunk by 5.1% in October after witnessing a sustained slowdown over the past few months, led by a steep fall in production of almost sectors, particularly manufacturing, mining and capital goods. Factory output, as measured by the Index of Industrial Prod…

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Maruti Suzuki: Maruti started its downtrend almost a year back. All year was continuously making new lows. Gave a further breakdown in mid November when it closed below 1000 which was acting as a good support. After breaking 1000, it made a low of 940 and is now seeing some short coveri…

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CHICAGO (MarketWatch) — Warren Buffett has told the CBS News program “60 Minutes” that after he dies, he wants his son to become non-executive chairman of Berkshire Hathaway . Howard Buffett, a farmer with no college degree, would be a good successor, the elder Buffett s…

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Kolkata: Global software major Microsoft on Thursday said that for MNCs, India is no longer a preferred destination. Microsoft India chairman Bhaskar Pramanik said this when asked if the company is considering any R&D centre for West Bengal as it seeks to work closely with the state …

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Railway-related stocks have rallied more than 8% each in an otherwise weak market on the back of huge volumes. Kalindee Rail Nirman (Engineers), Kernax Microsystems (India), Stone India, Texmaco Rail and Engineering are trading higher by 9-10% each on the Bombay Stock Exchange (BSE). The…

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Larsen & Toubro Construction (L&T) has bagged new orders worth Rs 2,700 crore across various businesses in last two months, the company informed the Bombay Stock Exchange on Wednesday. With large infrastructure projects on hold and several customers deferring orders this is a …

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The BSE small-cap and mid-cap indices have underperformed their large-cap peer this year so far, as the two saw a decline of up to 37% against 21% fall in the broader market benchmark Sensex. As per the study of indices from December 31, 2010, to November 30, the BSE small-cap index drop…

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After talking to Pranab Mukherjee on phone, TMC chief Mamata Banerjee announced in Kolkata that the Centre was putting the policy in abeyance. Fearful of an adjournment motion without sufficient numerical support in the two Houses of Parliament, the government on Saturday had to concede …

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Below are few stock charts helping understand current trend of these stocks. Click on charts to enlarge Nifty: Nifty did manage to bounce back from strong support levels of 4700 (triple bottom). Current bounce could come to an end near 5000 levels (50% retracement level on Fibonacci). I…

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