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Archive for the 'Markets' Category

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Sensex Drops 1.5% – Metal, Realty Stocks Slouch

A landmark for the Indian markets was trading nearly 1.5% drops down in the Monday afternoon session due to heavy selling pressure, in metal, realty and banking stocks. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,598.42 points and was ruling at 17,379.06 in the afternoon session, down 1.46 percent […]


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Sensex Dropped 162 Points On Global Cues, Doubt In Domestic Market

The BSE Sensex and NSE Nifty ended with the loss of 162 and 45 points respectively, on weak global cues and doubt in the domestic economy. Today the Sensex closed at 17, 583 points and NSE Nifty at 5, 339 points. Indian Stock Exchange During the daytime, investors deeply observed the ONGC share prices. The […]


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UTV Software To Delist Itself From NSE, March 9 Onwrds

Stirs occurred in the media and entertainment world, when UTV Software Communications decided not to trade on National Stock Exchange from March 9 onwards due to a voluntary delisting by the company. UTV Software Communication  With UTV, Carol Info Services has also been stopped for trading on NSE which is a producer of nutraceutical and […]


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Sterlite and Sesa Goa Shares Fall On Union Plan

Sterlite Industries Logo

The share is falling down after the merging plans done by Sesa Goa and Sterlite on last Monday. The parent Vednata Resources decided to merge the company with group from Sterlite Industries and set a swap ratio of three Sesa Goa shares for every five Sterlite shares. Sesa Goa  The brokerage Prabhudas Liladhar said the […]


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Foreign Investors Have Infused Rs. 14,000 Crores In Stock Markets In Feb 2012

The interest on overseas investors in Indian market is increasing tremendously. Recent statistics show that a amount of about Rs 14,000 crore was invested in the Indian equity market by the overseas investors in this month. Foreign Institutional Investors (FIIs) have invested a total of Rs.24, 225 crore ($4 billion) into Indian stocks since the […]


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Sensex Crashes, ICICI Bank loses 1%

ICICI Bank Logo

The BSE Sensex falls down for a second consecutive day on Thursday as the investors took profits on expiry of monthly derivatives amid concerns about high oil prices. BSE today closed down at 0.37%, or 66.75 points, at 18, 078.50, after climbing into positive territory for second time. 18 of its components declined. “The markets […]


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Gold Strikes Over 5-week High; Demand Stays Loose

Gold prices high!

India’s gold future extending gains for the fifth session in a row, to the highest in more than five weeks, prompting physical traders to remain on the pipelines, dealers said. The most active gold for the month of April delivery on Multi Commodity Exchange was 0.52% higher at 28, 796 rupees per 10 grams, after […]


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MCX IPO Creates Records; Becomes The Highest Subscribed IPO On Day One

MCX Logo

MCX was subscribed 91 % on its first day on Wednesday. The investors registered bids worth amount of about Rs.50 lakh shares. These accounted for 90.7 % of about 55 lakh shares being sold through the 100 % book-building process.We had already told you about this IPO well before in hand. This is the first time […]


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