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| Sensex tumbles 290 points in early trade |
The BSE benchmark Sensex plunged nearly 290 points in early trade on Monday, extending losing streak for the fourth straight session, on sustained selling by funds amid a weak trend on other Asian bourses.
The 30-share barometer, which had lost over 488 points in the last three sessions, plunged further by 289.85 points, or 1.72 per cent, down at 16,541.23 points with banking, realty, capital goods, metals and auto stocks leading the fall.
The wide-based National Stock Exchange index Nifty dipped below psychological 5,000 points level to .... |
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| Sensex dips below 17,000 after four months |
Falling for the third session in a row, the BSE benchmark Sensex on Friday closed 320 points down, slipping below the psychologically important 17,000 levels amid heavy selling by foreign funds due to fresh concerns over the Mauritius tax treaty review and a weak rupee.
The 30-share Sensex, which had lost 168 points in last two trading sessions, .... |
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| Rupee declines by 26 paise |
The rupee declined by 26 paise in early trade on Thursday to hit fresh four-month low of Rs 53.22 against the American currency on the Interbank Forei .... |
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| Bharti Airtel Q4 profit down 28% |
Telecom giant Bharti Airtel on Wednesday posted a decline of 28.19 per cent in consolidated net income at Rs 1,006 crore for the fourth quarter ended .... |
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Pranab sees revival on the back of ‘strong fundamentals’Pinning hopes on revival of business confidence and strong fundamentals, Finance Minister Pranab Mukherjee on Saturday said the Indian economy would return to the pre-global crisis growth path in the coming years.
“...Strong fundamentals of our economy will help us return to a sustained growth path of pre-2008 crisis lev .... |
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National Australia Bank opens first Indian branchThe National Australia Bank today started branch operations in the country by inaugurating its maiden outlet in the financial capital.
The branch will support existing institutional, corporate and business banking customers and also provide a link for clients looking to expand or invest in its home country with a focus o .... |
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Facebook to list on Nasdaq: NYTPopular social networking site Facebook, which will soon launch its initial public offering, has zeroed in on the Nasdaq Stock Exchange to list its shares, a media report said.
Billionaire Mark Zuckerberg-led Facebook has chosen Nasdaq over the New York Stock Exchange for its listing, the New York Times reported.
The .... |
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