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STOCKS
Clutch Auto: Value buying seen
The Clutch Auto stock is seen to be accumulated by investors who apparently wish to stay in sync with a company that ranks among the country's top makers of clutches and assemblies. On Friday, it closed at Rs 119.85 on the BSE, a 3 per cent-plus ... More

Allcargo recovers to end flat on Day 1
Shares of Allcargo Global Logistics Ltd made their debut on the bourses at a discount of 23 per cent to the issue prices of Rs 675 per share. Shares of Allcargo opened at Rs 519.80 but later moved up to a high of Rs 689 and finally ended at Rs ... More

Oriental Bank up on growth hopes
The Oriental Bank of Commerce stock is believed to be gaining from the bank's proposal to step up its network and its expectations on credit growth. OBC, which closed on the NSE at Rs 169.80, recorded a 2.5 per cent gain on Friday, the total ... More

TECHNICAL ANALYSIS
Bull domination
Bulls dominated over Friday's trading activity. However, the sentiment reading of the tradable counters turned to bearish. Bull domination on Monday is likely to change the sentiment reading in their favour. More

STOCK MARKETS
Sensex up 125 points on strong buying in heavyweights
Strong buying in heavyweights pushed key indices into positive territory on Friday with the BSE Sensex ending the day 125.42 points higher at 10401.30. The NSE Nifty gained 47.95 points to close at 3042.70. Dealers said the initial weakness was ... More

INTERVIEW
Markets in bearish phase: Morgan Stanley
Mr Andy Xie of Morgan Stanley believes that market fundamentals have been exaggerated by liquidity and that markets have entered a sluggish phase in equities. Mr Xie feels that the bull market may suffer as money turns costlier. He expects ... More

COMMENTARY
IT, metals, cement stocks in spotlight
More

IPOS
Shirdi Industries to raise Rs 50 cr via IPO
Interior furnishing products manufacturer Shirdi Industries Ltd is making an initial public offering of 65,00,000 equity shares of Rs 10 each in a price band of Rs 69 to Rs 78 per share. The issue opens for subscription on June 29 and closes on ... More

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