6 votes
Banking sector stocks took a beating on the bourses on Thursday. Both the Bankex and the Bank Nifty lost in excess of 3.5 per cent. In fact all the constituents of both these indices ended the day below their previous
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6 votes
Lower-than-expected financial results from Infosys further fuelled the already sombre mood in the markets. But most analysts from major brokerages maintained buy recommendation on Infosys
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7 votes
We recommend a buy in the stock of Gujarat Fluorochemicals from a short-term perspective. It is seen from the charts of the stock that it has been on a long-term uptrend from its February low of Rs 50, forming higher peaks and troughs. The stock
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4 votes
Birla Sun Life Asset Management Company (BSLAMC) has announced the launch of 36-month, close-ended, capital protection oriented fund Series 3 and Series 4. The fund will be open for subscription till January 24. “This scheme allows the
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5 votes
JPMorgan Chase, India, on Wednesday announced the inauguration of a new office for its Global Service Centre in
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3 votes
The equity markets snapped its seven-day losing streak on Wednesday despite lower-than-expected Index of Industrial Production (IIP) numbers. Market-men said that the latest IIP figures will add to the woes of the Government which is already
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8 votes
The SEBI Chairman, Mr C.B. Bhave, said that withdrawals from mutual funds were not due to entry load ban. “Withdrawals may be happening for many reasons but certainly not because entry load was banned,” Mr Bhave said at an event
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5 votes
Public float guidelines for life insurance companies will only be ready by February, according to the Insurance Regulatory and Development Authority Chairman, Mr J. Hari
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6 votes
The eight per cent drop in the Sensex from early November may not seem like a big fall, but small-cap stocks have suffered much more damage in this correction. Stocks from the realty basket have taken worst hits in this period with select stocks
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7 votes
We recommend a buy in the stock of Gokul Refoils and Solvent from a short-term perspective. It is evident from the charts of the stock that it has been on a long-term uptrend from its February 2009 low of Rs 35. Following a short-term steep
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3 votes
Tata Steel has proposed a further public issue of 57 million shares, including a reservation of 1.5 million shares for eligible employees. The issue is expected to open after completion of all necessary regulatory requirements, the company said
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2 votes
Motilal Oswal Asset Management Company Ltd has launched an open-ended index exchange traded fund, Motilal Oswal MOSt Shares Midcap 100 ETF (MOSt Shares
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5 votes
Hexaware Technologies said it will issue one bonus share for every share held in the company, while announcing an interim dividend of Re 1 a
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7 votes
The Nasdaq-listed software firm iGATE has made an open offer for an additional 20.6 per cent in Patni Computer Systems, the manager to the offer said in a stock exchange announcement on
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8 votes
Aurobindo Pharma has decided to divest a 51 per cent stake in wholly-owned Chinese subsidiary, Aurobindo (Datong) Bio-Pharma Company (ADBPL) to China-based
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