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  • CRUDE FALLS 2.6% TO $77.43 BBL
  • COPPER DOWN TO $6490/TON ON WEAK DEMAND AND US UNEMPLOYMENT DATA
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  • SMS INDEX to 56388 for live market updates
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  • Stock updates: SMS STO followed by scrip name to 56388
  • For Kingfisher Airlines flight updates sms KING to 56388
  • CO TO LAUNCH ITS 3 SCREENS MULTIPLEX IN KANPUR
  • DOW JONES UP 0.17%; NASDAQ UP 0.34%; S &P 500 UP 0.25%
  • RCOM LOSES 0.1%, SHEDS 23.5 LAKH SHARES IN OPEN INTEREST
  • IDEA LOSES 5.2%, ADDS 30.6 LAKH SHARES IN OPEN INTEREST
  • ASHOK LEYLAND GAINS 4.9%, ADDS 32.4 LAKH SHARES IN OPEN INTEREST
  • NIFTY CLOSES JUST BELOW 4800 AFTER A GAP UP OPENING
  • STRONG AT $1095/OZ AS SAFETY MEASURE POST RISE IN U.S UNEMPLOYMENT DATA
  • U.S UNEMPLOYMENT DATA AT 26 YEAR HIGH;CRUDE FALLS 2.6% TO $77.43 BBL
  • SMS BOS < SPACE > MF, MUTUAL FUND QUERY AT 56388
  • ISSUES REGULATORY FRAMEWORK FOR AUTHORISED PERSONS
  • AUTHORISED PERSONS CAN FACILITATE TRADING THROUGH BROKER TERMINALS
  • STOCK BROKERS TO SEEK SEBI APPROVAL FOR APPOINTING AUTHORISED PERSONS
  • COS GETTING FRESH FDI IN SECTORS WHERE FDI CAPS HAVE GONE UP: SOURCES
  • NEW NORMS TO CONSIDER TOTAL FOREIGN INVESTMENT NOT TOTAL INVESTMENT: SRCS
  • CCEA NOD NEEDED ONLY FOR INVESTMENTS OF RS.1200 CR AND ABOVE: SOURCES
  • GOVT TO EASE NORMS FOR FDI REQUIRING CABINET APPROVAL: SOURCES
  • NO PLANS TO OFFER HOME LOANS AT 8%: NW
  • DOMESTIC FUNDS NET BUY RS.236.62 CR IN EQUITIES ON NOVEMBER 6 (PROVISIONAL)
  • FOREIGN FUNDS NET BUY RS.587.02 CR IN EQUITIES ON NOVEMBER 6 (PROVISIONAL)
  • EXL TO ACQUIRE BACK-OFFICE OPS OF AXP BUSINESS TRAVEL IN INDIA FOR $30 MN
  • EXL ENTERS MULTI-YEAR SERVICES PACT WITH AMERICAN EXPRESS
Updated: 05/11/09 | 08:32 AM IST
Market Watch
A late-day slump left stocks mixed on Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy.
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Gold touched a record high in the bullion market today on aggressive buying by traders, who are speculating that more countries would shore up their bullion reserves like India.
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Buying at lower levels and positive global markets helped Indian markets to recoup yesterday’s losses. The Sensex surged 507 points to close at 15,912, with RIL leading the rally with 5.5 per cent gains.
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Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low to entice Americans to spend more and help the economic turnaround gain traction.
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Stocks ended back-and-forth trading mostly higher on Tuesday as a spike in the price of gold and corporate dealmaking extended an advance from Monday.
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The benchmark index suffered a big selloff on Tuesday, amid bearish sentiment across the globe as investors remained circumspect about the direction of the market.
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The benchmark indices extended losses in the afternoon deals today. Heavy selling pressure was seen in realty and metal stocks.
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Stocks ended higher on Monday after another day of big swings. Stronger reports on manufacturing and housing gave the market an early boost but a rise in the dollar and worries about the soundness of an eight-month rally chipped away at the gains.
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The country's two prime bourses, the National Stock Exchange and the Bombay Stock Exchange, are likely to extend the trading time by two and half hours from next month and a formal notification to this effect is expected shortly.
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Asian stock markets fell on Monday after grim news about American consumers sowed more doubts about the strength of the US economic recovery and sent Wall Street tumbling last week.
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Special
World unemployment up despite economic recovery
Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of the world's largest economies.

 
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Ashuu Kakkarr
Ashuu Kakkarr
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Current: Rs 848.75
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The stock may touch Rs 120 in 6-8 months
The investors can hold the stock for the medium term with a stoploss of Rs 45