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The lightening-paced growth of India's mobile telephony market would unleash socio-economic forces that threatened to overwhelm the country's institutions, one of the world's leading telecommunications companies has warned read more
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Indian companies could buy back foreign currency convertible bonds worth $19bn after a central bank move to ease pressure on the rupee read more
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Indian companies are considering buying back foreign currency convertible bonds estimated to be worth a total of $19bn after the central bank released new rules allowing the move in a bid to ease pressure on the rupee read more
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We recommend a sell in Cummins India from a short-term perspective. It is apparent from the charts of Cummins that after recording a 52-week low of Rs 192 in late October, the stock rallied up to Rs 254. However, the stock witnessed resistance at read more
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The Reserve Bank of India’s move to reduce risk weights attached to commercial real estate lending and reduce the provisioning requirements for home loans signals the beginning of a reversal in the hawkish stand of the central bank, taken read more
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Mumbai, Nov. 17 FIIs have stepped up selling once again in the equity market, but the more worrying fact is that the domestic institutional investors (DIIs) too are not supporting the market and have turned net sellers in the past few read more
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Mumbai, Nov. 17 Despite the Reserve Bank of India announcing steps to make available more funds for the real estate sector, the realty index on Monday was the worst hit among the BSE sectoral indices. read more
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Technial Analyst Neppolian Pillai at Modern Shares said at 2,754, the market has become weaker and that 2,630 is the retrenchment level. He added that the intraday breach is tolerable and beyond 2,745 one can trade long. read more
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Mehraboon Irani, VPPMS, Centrum Broking, feels the market may retest October lows soon. "While we could be having the rallies here and there, I possibly feel that sooner or later we should be possibly testing the October 27 lows." However, he said it is a difficult call to state whether the October 27 levels will hold or not. read more
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Hemang Jani, VP, Sharekhan, feels though the sentiment is weak now, but he advices to play for a pullback, which could take the market to about 1100012000 levels. Meanwhile, Suhas Samant, HeadPMS, Asit C Mehta said his present investment philosophy is purely being at higher levels, exit largecaps and cover it at lower levels. read more
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Martin Baccardax, News Editor, CNBC Europe, believes European nations will be able to come up with some kind of fiscal stimulus in order to reignite their economies. read more
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According to JM Financial, the Sensexs range of 880010800 is likely to be broken on the downside. The Sensex is set to move into 83008500 zone while Nifty is likely to test 2450 levels, it says. read more
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