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1 day 7 hours ago
(source: http://www.thehindubusinessline.com)
Category: Market News
Mumbai, Nov. 20 Against the backdrop of a depressed market, Fem Care Pharma is said to be on the brink of a sell-out to FMCG-major Dabur Pharma for about Rs 300 crore, almost double its market capitalisation. read more
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Posted by
stock
1 day 7 hours ago
(source: http://www.thehindubusinessline.com)
Category: Market News
Kolkata, Nov. 20 Tata Motors continued its relentless fall as it slid 6.5 per cent to finish at Rs 126.45. read more
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Posted by
stock
1 day 7 hours ago
(source: http://www.thehindubusinessline.com)
Category: Market News
Chennai, Nov. 20 Amid weak market, turnover tumbled to Rs 37,983.83 crore on Thursday against Wednesday’s figure of Rs 41,656.37 read more
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Posted by
stock
1 day 7 hours ago
(source: http://www.thehindubusinessline.com)
Category: Market News
Steel pipe major, Welspun Gujarat Stahl Rohren has bagged orders worth Rs 500 crore recently. The company’s order book now stands at about Rs 9,500 crore, which is about 2.4 times its FY08 revenues. This holds considerable merit on many read more
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C Jayaram of Kotak Mahindra Bank said the markets would certainly test earlier lows over the next couple of weeks. "I dont expect it to seriously breach previous bottoms. Over the next couple of months or so, the markets will settle in a range before one can make any further prognosis." read more
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Devesh Kumar, Centrum Broking feels whatever panic or selling we see today is overdone. This is a great time where probably one may see their portfolio dip by 510% if you enter today. But the returns are going to be in multiples like 200300% over the next 24months. One should enter this market with a longerterm view. read more
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The markets witnessed their lowest ever closing for 2008 on dismal global cues. Anand Tandon, Brcis Securities sees markets at a level higher over the next twothree months. According to him, gilt is a good place to look at. Rajat Bose of rajatkbose.com advises investors to sell puts, book profits, and get out. read more
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Rajesh Agarwal, CD, Equisearch said he will be closely watch 2,572 Nifty. "If it closes below that, the Nifty might break 2,400. We dont suggest anything on the long side from a trading perspective. read more
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Rahul Shah, Head PCG, MF Global, said it is difficult to guess whether we will stop at 2,250 and whether we will hold those lows or not. We might make a bottom there." He feels people should be on the sidelines, and not put money in, as there is a clear downward trend. "Thus preserve capital, and when the time comes put it in the markets. read more
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Markets seem to have no respite. So, if October lows were not low enough there are a whole lot of stocks that were trading well below the October lows. read more
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While the Sensex is back to its October lows, some sectors and stocks have outperformed since then. From the real estate pack, Unitech and DLF are up 45% and 42% respectively from their October 27 lows. read more
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Nifty hovering around 2500 mark; incremental flows are negative. Selling pressure at FIIs desk continues; buy/sell ratio 1:2. read more
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