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  • Standard Chartered Bank allotted $197.38mn
  • Barclays Capital allotted $155.18mn, DBS allotted $300mn
  • Reallocation as FIIs failed to invest allotted component
  • Reallocates $1.31bn to FIIs for corporate debt invst
  • CNX Midcap down 1.3%, Smallcap Index down 1.8%
  • BSE Advances at 30.24%, Declines at 66.77%
  • Govt wants to focus on construction sector
  • Govt may not give direct sops to auto sector
  • Steel duty cut may provide relief to auto sector
  • Govt may cut excise duty on steel and cement
  • Govt may rejig duty to help SMEs: Ashwini Kumar
  • Anti -dumping laws to be strengthened
  • HCL Technologies announces partnership with Xerox
  • Govt to increase focus on infra spending
  • Banks want realtors to cut prices or sell properties
  • Pressure on RBI to cut rates has somewhat eased
  • Banks' total deposit grew 20.4% on year to Nov 7: NW
  • Outstanding bank credit on Nov 7 at Rs.27.12 lk cr: NW
  • Banks encouraged to use special refinance facility: RBI
  • Use special refinance to give loans to SMEs: RBI
  • Banks' total credit grew 26.5% on year to Nov 7: NW
  • RBI to allocate upto $10bn from FX reserves to fund: Srcs
  • RBI may set up a special $ fund for infra cos: Sources
  • FIIs net sell $91.5mn in equity on Nov 18
  • Power Grid approves 3 investment proposals
  • Approves Rs.7031cr investment in Sasan project
  • MFs net sell Rs.45cr in equity on Nov 18
  • Nifty falls 135 pts from day's high; Down 1.8% at close
  • Sensex sheds earlier gains; Down 1.8% at close
  • CNX Midcaps down 1.3%, Smallcap Index down 1.8%
Updated : 20/11/2008 | 01:00 AM IST Moremore
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RBI prepares financial plan for infrastructure sector
India desperately needs better roads, improved power supply and bigger ports, but infrastructure firms are in a tight spot, with liquidity, especially in dollars having dried up due to the global credit crunch.
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Global Crisis
No job cuts, but hiring to dip: Nasscom
The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.
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There is gloom and fear on the street. It is not often that investors get an opportunity where stocks are near multi year lows. It may be a good time to start nibbling at stocks.
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After the panic subsides in the market in the next few months, money will start flowing into the Indian markets. Investors will then start allocating funds and the next cycle will start again.
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Watch this innocuous candyfloss for some of the most mouth-wateringly fabulous bodies in Bollywood, and crackling chemistry between Abhishek and John.
After a week-long wait, the new James Bond film Quantum of Solace, starring Daniel Craig, is finally out in India, and so is the verdict.
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Today's Analyst: Paras Bothra
Query : Kanta Naik, Surat, an investor has 115 Ruchi Soya at Rs 85/share.
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AMTEK AUTO LTD [vineeth]
We have been holding Amtek for some time now, the fundamentals looked good at the time of purchase. Purchase was made in the following lots150 @ 147;100@96 ;150@50. With the Auto sector in red... What would you recomend?
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I advice the investors to exit the stock
The investors can quit the stock at the resistance level of Rs 220
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Hemen Kapadia
Hemen Kapadia
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Simi Bhaumik
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