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MARKETS
FOREIGN INSTITUTIONAL INVESTORS:
Rupee falls sharply as FIIs sell in equity market
Sensex sheds 303 points, Nifty 90. Mumbai, Nov 12 The rupee fell by Rs 1.20 against the dollar, the sharpest single day fall in the recent past, on heavy dollar demand on Wednesday. Currency dealers said rupee came under pressure as FIIs sold ...
STOCKS:
No buyback for now: Satyam
‘All options are constantly reviewed’. Hyderabad, Nov. 12 Putting to rest speculation about the likely buy-back offering, Satyam Computer Services has made it clear that the company is not contemplating that option ...
MUTUAL FUNDS:
RBI aid puts mutual funds on recovery road
‘Redemption pressure has eased & inflows are arriving’. Mumbai, Nov. 12 Almost one month after the RBI stepped in to help the mutual fund industry out of its liquidity problems, it does appear that they are on the road to ...
DERIVATIVES MARKETS:
Rising volume and falling market – end of bear?
Market participants attribute this phenomenon to day trading. Chennai, Nov. 12 The presence of “day-traders” in large numbers is clouding any conclusion of the end of a “bear phase” in the stock market, despite the ...
STOCK MARKETS:
Market capitalisation to GDP ratio crosses 100% in 2007-08
Indian economy and stock market’s proximity touched a new high during the recent bull-run that climaxed in ...
FINANCIAL SERVICES:
Religare, Karur Vysya Bank in deal to provide equity trading services
Mumbai, Nov. 12 Financial services firm Religare Enterprises, promoted by Mr Malvinder Singh of Ranbaxy, has announced a tie-up with Karur Vysya Bank, making available its equity trading services for the ...
ANNOUNCEMENTS:
Corporate developments
Coimbatore, Nov. 12 Eicher Motors Ltd’s board of directors will meet on November 20 to consider share ...
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