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Sensex surges 781 points even as FIIs remain net sellers
Measures to infuse liquidity worldwide buoy markets. Mumbai Oct. 13 Domestic stocks bounced back on Monday aided by heavy short covering as governments worldwide stepped up measures to increase liquidity in the world ...
Banish fear: Chidambaram
The Finance Minister, Mr P. Chidambaram's promise of more measures to infuse liquidity coupled with his advice that there was no reason at all for investors to act in haste or to give room for panic helped lift the benchmark Sensex by 781 points ...
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Making trade baskets h...
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TODAY'S PICK (Latest Audio: English/Tamil)
Indian Hotels Company (Rs 59.95): Buy
We recommend a buy in Indian Hotels Company from a short-term horizon. It is clearly evident from the charts of the company that it has been on long-term downtrend from it January peak of Rs 163, forming lower peaks and lower ...
Day Trading Guide
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Kingfisher, Jet hold talks, may forge operational alliance
To beat rising fuel prices, input costs. Mumbai, Oct. 13 Aviation majors Kingfisher Airlines and Jet Airways seem poised to forge an operational alliance to fly through turbulent times, caused by rising crude prices, input costs and declining ...
Call rates drop below 10% as CRR cut brings cheer to money market
Mumbai, Oct. 13 The inter-bank call rates came down below 10 per cent on Monday from the high of 22 per cent on Friday, as the liquidity condition eased with Rs 60,000 crore of funds coming into the system, post the 150 basis points cut in ...
Blue chips see only marginal cuts in FII stakes
BL Research Bureau Foreign institutional investors (FIIs) have sold Rs 1,89,000 crore worth of Indian stocks on a gross basis and Rs 11,000 crore on a net basis, in the July-September ...
‘Liquidity better, but not comfortable yet’
More steps needed, more RBI measures coming: IBA. New Delhi, Oct. 13 The liquidity problem in the banking system has slightly eased after the recent cut in cash reserve ratio (CRR), but this cannot be read as a comfortable situation, the Indian ...
Continue lending to SMEs, RBI tells banks
Mumbai, Oct. 13 The Reserve Bank of India on Monday asked banks not to defer disbursement of working capital to small and medium ...
Not all defensive stocks were safe
It a well-known fact that defensive stocks from sectors such as fast-moving consumer goods and pharma tend to register lower declines in times of market turmoil. But do you know that only those defensives that did not run up in 2007 have held ...
Captive BPOs turning attractive for services cos
More buys on the lines of TCS-Citi unit deal seen. Bangalore, Oct. 13 The next 12 to 18 months could see large Indian IT services providers making bids for captive business process outsourcing centres, the prelude to which was the recent ...
All-round growth drives Axis Bank Q2 net up 77%
No exposure to sub-prime or CDO assets abroad. Hyderabad, Oct. 13 At a time when every bank is looking at the others with suspicion, in the backdrop of the liquidity crunch and global financial crises, Axis Bank flagged off this results season ...
Veg oil prices may rise; open interests in futures higher
Positions close to Nov 8, 2006 levels when the bull run began. Chennai, Oct 13 Vegetable oil prices, which have been battered in the global markets meltdown in the last fortnight, may claw their way back, particularly on rising open interest and ...
TCS bags Rs 1,000-cr Passport Seva Project
Govt move to speed up process to 3 working days. New Delhi, Oct.13 In a move aimed at ending the serpentine queues and the long wait in issue of passport, the Government, on Monday, awarded the Rs 1,000-crore ‘Passport Seva Project’ ...
Onset window opens for northeast monsoon
Thiruvananthapuram, Oct 13 The southward-bound anti-cyclone driving dry weather and a weather-causing circulation over southwest Bay of Bengal combined to feed a nascent northeasterly-to-easterly flow over the southern peninsula on ...
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