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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
  • 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 deposit grew 20.4% on year to Nov 7: NW
  • 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: 19/11/08 | 02:54 PM IST
Top Stories
The key benchmark indices slipped into red in afternoon trade and the market breadth turned negative on fears of FII selling due to subdued trend in most Asian stocks.
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In view of declining inflation and recessionary conditions, the Planning Commission expects industry to cut prices in the normal course to battle economic slowdown.
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Country's largest car maker Maruti Suzuki today launched its new hatchback 'A-Star' in the Indian market and said it would, in four year, come out with its first indigenous car.
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The markets surged in afternoon trade, amid a bout of volatility on buzz that RBI may announce steep rate cuts soon and reports that the government has decided to inject a whopping Rs 50,000 crore for funding infrastructure projects in a bid to pump-prime the economy.
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Maruti's A-Star is the biggest car launch of the year, especially since the car market is witnessing a serious slowdown in sales.
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The three biggest U.S. automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the American economy as well.
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Oil prices were steady below $55 a barrel on Wednesday in Asia as investors paused to examine the extent of global economic weakness, which has sent crude down more than 60 percent in four months.
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The markets are trading higher today tracking overnight gains on Wall Street. The Sensex has surged 0.9 per cent while the Nifty is up 0.8 per cent in early trade.
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Key Asian indices are trading lower today. Hong Kong’s Hang Seng, Japan’s Nikkei and South Korea’s Kospi are down over 1.3 per cent each.
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Wall Street rebounded on Tuesday in another turbulent session, as investors rushed back into the market after the Standard & Poor's 500 index tested a 2003 low.
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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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