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  • MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
  • SENSEX, NIFTY UP 1% EACH FOR THE WEEK
  • CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
  • METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
  • INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
  • RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
  • RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
  • ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
  • APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
  • JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
  • CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
  • GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
  • NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)
  • PROFIT UP 55% AT RS.143.50 CR; NET SALES UP 22.5% AT RS.2234.20 (YOY)
  • IMPORTING SUGAR BEING REVIEWED; NEED FOR ECONOMIC PRICING OF SUGAR
  • IN DISCUSSIONS WITH FARMERS TO COME AT PRICE COMFORTABLE FOR BOTH SIDES
  • TOO EARLY TO TALK OF DENA BANK MERGER WITH ANOTHER PSU BANK: NW
  • KEEPS OVERNIGHT LENDING RATE UNCHANGED AT 0.1%
  • STILL SEE DOWNSIDE RISK FOR THE ECONOMY
  • AIM TO CONVERT NON USERS TO USERS WITH THE HELP OF ROAMING TARIFF CUTS
  • PREFER TO REMAIN AGGRESSIVE WITHOUT GETTING INTO A PRICE WAR
  • MURTAZA KHORAKIWALA TO NDTV: CANNOT COMMENT ON SUB JUDICE MATTER
  • WOCKHARDT TO PAY BACK ALL SECURED, UNSECURED LOANS IN 5 YRS AS PER CDR
  • DBS TOP BRASS MET HABIL KHORAKIWALA TO DISCUSS WAYS OF SETTLEMENT: SRCS
  • EYEING TO SETTLE PAYMENT DEFAULT CASE OUT OF COURT: SOURCES
  • ALERT: ROAMING CONTRIBUTES 15% OF BHARTI REVENUES
  • ROAMING CALLS ON OTHER NETWORKS AT 80 PAISE/MINUTE
  • ROAMING CALLS ON OWN NETWORK AT 60 PAISE/MIN
  • SWAP TO REDUCE OVERALL FINANCE CHARGES FOR THE COMPANY: CFO
  • COMPLETES SWAP OF $875MN FOREX CONVERTIBLE BONDS
Updated: 27/10/09 | 08:37 AM IST
Market Watch
Stock indexes started higher on Monday but turned sharply lower at midmorning as a rebound in the value of the dollar stalled a rally in commodities.
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Profit-taking during the end of the session saw Indian markets end lower on Monday. Despite positive global cues, the Sensex fell 70 points to finish at 16,740 amid a volatile session.
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The key benchmark indices were flat in the noon deals today. While IT and pharma stocks rose, metals and capital goods counters were under pressure. Asian markets, however, were trading higher today.
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Investors would like a definitive answer to the question: Is the economy in fact in recovery? The answers this week may not be conclusive, but they might remove some of the uncertainty that has made stock trading choppy lately.
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Market regulator Sebi has allowed stock exchanges to extend their trading time from 9 am to 5 pm. It is now up to the exchanges to put in to place the necessary infrastructure before going for the extended trading hours.
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Gold worth about Rs 9,000 crore was sold during the Diwali week, 39 per cent more than a year earlier, as festive demand and the safe haven status of the precious metal beat high prices, said the World Gold Council.
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A 4 per cent slide in RIL blew away an early rally as Sensex closed modestly higher at 16,810, up 21 points. The index had risen 217 points at one stage, mirroring strong gains in global markets.
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The key benchmark indices pared gains in afternoon trade led by a decline in oil & gas and capital goods stocks.
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The key benchmark indices surged in early trades on the back of advances in world markets. Realty, metal and banking stocks moved higher today.
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Investors encouraged by a good batch of earnings reports and forecasts jumped back into stocks after a two-day slide.
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Special
'India will be among top three economies by 2050'
India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said. It also said China will become the world’s largest economy in 2032.

 
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