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Markets bounce back on recovery signs in global economy |
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Stronger global cues and optimism about encouraging corporate earnings, in addition to revival of the monsoon helped the markets recover their post-budget losses with over 9 per cent jump in key indices. |
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Post-Budget recovery proves short-lived for Sensex |
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The government's pep talk had little impact on the Indian bourses, which again tumbled today after a brief recovery Tuesday with the BSE benchmark Sensex ending at a six-week low of 13,769.15, in step with global weaknesses and heavy capital outflows. |
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Market registers fourth-biggest fall of the year |
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After a brief mid-session recovery, sluggish European stocks and sustained sell-off by foreign funds on Wednesday dragged the market down with the benchmark Sensex plunging by 435 points, registering the fourth-biggest single-day fall of the year. |
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Sensex back in black at midsession on short-covering |
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After a weak start, the Bombay Stock Exchange benchmark Sensex rebounded to trade higher by nearly nine points at midsession today as major players indulged in covering pending long positions. |
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Sensex ends below 16K for first time in nearly 6 months |
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Inflation racing past the crucial 5 per cent, lingering fears of recession catching up with US, and Left parties' fresh threat to the UPA government-- all these factors put together offered a perfect recipe on Friday for Sensex to come crashing down and end below 16k level. |
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Inflation remains unaltered at 3.50 pc |
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The whole-sale price index based inflation for the week ended December 29, 2007, remained unchanged at its previous week's level of 3.50 per cent. |
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2007 ends on optimistic note, Sensex gains 80 pts |
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The year 2007 ended on an optimistic note today with the Bombay Stock Exchange benchmark Sensex closing 80 points higher on good buying support from investors following a firm trend in other Asian markets. |
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Sensex tanks below 14K level, lose 440 pts on Asian cues |
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The benchmark Sensex fell below 14,000-point level on the Bombay Stock Exchange in late morning deals on Friday on heavy selling by foreign funds, triggered by a sudden fall in leading Asian markets. |
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Gold fall further as funds continue shifting to equities |
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Gold continued to surrender ground on the bullion market on Tuesday on lack of buying support as investors continued to shift their funds into the surging stock markets, fearing a rise in the metal's value in the previous few trading sessions was overdone. |
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Inflation eases to 13-month low at 4.28 pc |
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Driven by lower prices of pulses, cereals, fruits and vegetables and fish-marine and some manufactured items, inflation declined to 13-month low at 4.28 per cent for the week ended June 9, as compared to 4.80 per cent in the previous week.
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RTI Act to keep stock exchanges on high alert |
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The Central Information Commission's (CIS) decision to bring stock exchanges within the purview of RTI Act will keep the bourses on high alert and ensure that necessary information is made available to public in cases of manipulation by operators, feel experts. |
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Inflation dips below 5 pc for the first time in 2007 |
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For the first time in eight months, inflation fell below the five per cent mark to stand at 4.85 per cent for the week ended May 26 from 5.06 per cent in the previous week, as food items and some manufactured products turned cheaper.
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Sensex ends over 39 points up on funds buying |
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In volatile movement, the Bombay Stock Exchange (BSE) benchmark Sensex today closed higher by over 39 points thanks to recovery in select heavy-weight stocks as funds resumed buying.
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Shares of Deccan, UB Holding soar 10 pc on BSE |
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Shares of both Deccan Aviation and UB Holdings today surged nearly 10 per cent in early morning trade on the Bombay Stock Exchange after Vijay Mallya's UB Group acquired 26 per cent in the low-cost carrier for Rs 550 crore. |
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Inflation declines to 5.27 pc |
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Inflation fell for the fourth consecutive week to 5.27 per cent during the week ended May 12 even as some essential food products like vegetables, fruits, milk and eggs turned expensive. |
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Sensex sheds 90 points on profit selling |
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The benchmark Sensex ended lower by over 90 points on the Bombay Stock Exchange today on emergence of profit selling by funds in heavy-weight stocks.
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Rupee ends stronger against US dollar |
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The rupee on Tuesday ended stronger at 40.60/61 against the US currency after sniffing 40.50 level, buoyed by fresh dollar selling amid increased FII inflows. |
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Sensex ends positive as inflation falls |
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The benchmark Sensex ended nearly 25 points higher on the Bombay Stock Exchange on Friday on a host positive news including fall in inflation for the second week and a rise the industrial production.
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Sensex dips below 14K-level |
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The benchmark Sensex dipped below 14K-level on the Bombay Stock Exchange today by losing over 143 points on emergence of selling by funds at heavy-weight counters like Reliance Industries and Infosys Technologies.
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Rupee recovers from early lows |
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The rupee bounced back after resuming weak and was quoted almost steady against the US currency in late morning trade, buoyed by a strong rally in equity market.
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