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Monthly Archives: August 2011

Nifty close to 5000 again.

Markets opened gap up, extending Monday’s gains following firm cues from Asia as risk appetite for equities improved. The Nifty was just close to reclaiming the 5,000 mark, the index touched a high of 4,998 in opening trades and was ...

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Quiet trading. Moody’s downgrades Japan

Markets opened lower following weakness across Asian markets after Japan’s credit rating was downgraded by Moody’s, citing country’s large budget deficit. The Nifty declined 15 points, to 4,931 and the Sensex was down 46 points, 16,452. Markets across Asia reversed ...

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Markets dip. Auto stocks down.

The Sensex opened with a positive gap of 105 points at 16,447. The index, however, soon slipped into the negative zone on the back of weakness in auto and banking shares. The Sensex is now down 79 points at 16,263. ...

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Wary Markets. Metals crumble down.

Markets are trading cautious with early trades moving the indices marginally in the green. Capital goods and infrastructure stocks have recovered while the stocks from non ferrous metal sector are looking bleak. At 9:54 AM, the Nifty is at 4860, ...

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Nifty down by 1.4%.

The 30-share BSE Sensex fell 211 points to 16,629 and the 50-share NSE Nifty slipped 63 points to 4,993. Market breadth was negative for the third consecutive session with 3 shares declining for every one share advancing. ICICI Bank crashed ...

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Markets continue uptrend

The markets have continued the uptrend. Major sectors like financial, capital goods, oil & gas and metal were supporting the market. Among largecaps, Coal India, SBI, Tata Motors, Infosys, BHEL, Ambuja Cements, Sterlite Industries and TCS were top gainers; these ...

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Markets cautious; US indices nosedive

Markets are trading cautious with moderate cuts, in the backdrop of the US markets coming down heavily on Wednesday. The Dow Jones Industrial Average, had seen a massive decline of over 4.5%, while the NASDAQ index was down by over ...

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Markets recover. Sharp gains in stocks.

Markets have shown recovery, after witnessing continuous falls for consecutive days. Global markets have also shown recovery. At 10:07 AM, the Nifty is at 5174, up by 101 pts or 2% in the green. Stocks from the infrastructure, banking, metals ...

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Carnage continues in early trade. Sensex recovers later.

Markets have seen the bloodbath being extended, with global indices also falling sharply, in the wake of the S&P downgrade of the credit rating in the United States. Recession is feared in the worldwide economies, following this. Crude fell 4% ...

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Markets nosedive. Nifty down by 2.5%

Markets have seen sharp cuts, swiveling down the benchmark indices. The global markets are experiencing a similar downturn. The US Markets had a disastrous session of trade yesterday. The Dow Jones industrial average plummeted 513 points, or 4 percent, Thursday ...

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Relief in markets. Banking and Infra see gains.

Some amount of relief is seen in the trades happening in the market. Stocks from the infrastructure, banking and real estate sectors, which have been heavily hit upon in the past trading sessions, have seen some relief rallies. At 10:12 ...

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Nifty grinds below 5400. L&T, Tata Motors swivel down

Markets have seen heavy selling, with the Nifty being dragged below the 5400 mark. The global markets have also been seeing selling pressures, with the US markets closing down with heavy cuts. The Dow Jones industrials declined more than 265 ...

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Bank and Infra stocks drag. Nifty down.

Markets have been dragged by the rate sensitive sectors, which has led to the benchmark indicies to see low levels. Real estate, banking and infrastructure stocks have seen cuts. At 9:57 AM, the Nifty is at 5468, down by 48 ...

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