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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: 30/10/09 | 10:17 AM IST
Market Watch
The key benchmark indices surged in the early trades on the back of gains on Wall Street. Heavy buying was seen in realty, metal and banking stocks. Asian stock markets also rose today.
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Indian stocks extended losses for the fourth consecutive session amid negative cues from global markets. Realty, metal and banking stocks led the decline on the bourses today.
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The key benchmark indices remained weak in the afternoon trades today. Heavy selling was seen in realty, metal and auto stocks. Asian markets fell after a Wall Street sell-off on signs of weakness in the US housing market triggered fears about the health of the global recovery.
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Indian markets ended lower for the third straight session amid continued selloff in global markets. But losses were kept in check as some buying emerged at lower levels.
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The benchmark index rebounded from early lows as buying emerged in some index heavyweights. At its day’s low, the Sensex had slid over 200 points on the back of weak global cues.
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Following losses in overseas markets, the key benchmark indices were trading lower in the early trades today. Some selling pressure was seen in metal, realty and banking stocks.
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Stocks mostly fell on Tuesday as mixed reports on home prices and consumer confidence gave investors little incentive to step into the market.
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The Indian markets tumbled on Tuesday after the Reserve Bank of India took its first step toward tightening of the monetary policy. Banking and realty stocks were among the worst hit after the central bank tightened norms for these sectors.
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The key benchmark indices continued to trade lower amid weak global cues in the afternoon deals. The RBI’s credit policy failed to lift investor sentiments.
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The key benchmark indices were trading lower today mirroring the weakness in global stocks. Metal, realty and power stocks were under pressure in the early trades.
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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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