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Sensex closes 54 pts higher on fag-end buying in bluechips
Mumbai: The benchmark BSE Sensex recovered over 54 points to close at 26,425.30 on fag-end buying in some bluechips, led by banking, power and oil & gas sector stocks, and ahead of retail inflation and IIP data to be released today.…
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More rate cuts by banks on anvil, says Jaitley
New Delhi: EMIs of home, auto and other loans are likely to come down further with Finance Minister Arun Jaitley today saying that banks have promised greater rate cuts in the coming days and weeks.
After discussing a host of issues like…
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Sensex jumps 101 pts in cautious trade
Mumbai: In a cautious trade ahead of announcement of macro economic data by the government today, the benchmark BSE Sensex was trading higher by 101 points at 26,472.72 in the mid-session after overnight heavy sell-off amid mixed Asian…
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RIL to invest Rs 2-lakh cr in oil biz; 4G launch by December: Ambani
Mumbai: Reliance Industries will begin commercial operations of its much-awaited 4G telecom services by December, while it plans to complete projects worth over Rs 2 lakh crore in the core oil and petrochemical businesses over the next…
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Sensex trips 60 pts ahead of key macro data
Mumbai: The benchmark BSE Sensex was down over 60 points in early trade today as investors started scaling down their positions ahead of IIP and inflation data to be released later in the day amid sustained capital outflows.
The 30-share…
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RBI Governor Rajan meets Jaitley
New Delhi: Reserve Bank Governor Raghuram Rajan today met Finance Minister Arun Jaitley and discussed macroeconomic issues.
"These are all usual meetings which we have. Nothing special. Broad range of issues were discussed. Lot of issues…
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Sensex rebounds 159 pts on shrinking CAD, global cues
Mumbai: The benchmark BSE Sensex regained the 27,000 mark by soaring over 159 points in early trade today on increased buying by participants after the current account deficit (CAD) narrowed sharply to USD 1.3 billion, or 0.2 per cent of…
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‘Maggi controversy stepping stone for packaged food industry’
New Delhi: The Maggi controversy is likely to be a stepping stone in the evolution of country's packaged and processed food industry, which could result in better labelling, packaging and testing norms for the entire sector, a Nomura report…
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Sensex rebounds 423 pts in late session, Nifty tops 8,100-mark
Mumbai: The benchmark BSE Sensex surged 423 points and NSE Nifty reclaimed the 8,100-mark during late trade on across-the-board buying after MSCI deferred inclusion of China A stocks to its benchmark index.
Besides, strength in rupee…
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Sensex rebounds 236 pts on value buying, positive Asian cues
Mumbai: Recovering from nearly 8-month lows, the benchmark BSE Sensex gained over 236 points in early trade today, snapping its 6-session losing streak, on the back of a rebound in blue-chip stocks following value buying and positive cues…
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