Restricted movement
Mumbai: Wednesday's market action witnessed a restricted movement. Bulls were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands in favour of bears. 
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Ethanol move fuels Praj Industries' rise
Praj Industries Ltd manufacturers and designer of fermentation and distillation equipment, witnessed a sharp gain yesterday in stock price as well as volumes on expectations of the company bagging fresh orders for fuel ethanol plants. 
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Satyam Computer up on order talk
Mumbai: Software major Satyam Computer jumped sharply on Wednesday on order talk. On the BSE, the stock closed 3.65 per cent higher at Rs 227.15 with volumes of 85.80 lakh shares. On the NSE, Satyam gained 5.57 per cent at Rs 226.50 with volumes of 2.12 lakh shares. 
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Infosys, Zee inch up in MSCI index recast
Mumbai: India's weightage in the Morgan Stanley Capital International (MSCI) Emerging Market Free (EMF) index has seen a marginal increase to 4.2 per cent from 4.1 per cent in its recent recast. The revised index comes into effect from August 30. 
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Infotech stocks recover lost ground
Mumbai: In the absence of any major triggers, the indices moved in a narrow band on Wednesday. The `A' group stocks largely remained flat, with a few stocks making noticeable movements in either direction. 
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Dollar recovers poise, weak Ifo hinders Euro 
Mumbai: The dollar recovered its footing on Wednesday as global stock markets followed Wall Street lower and a key business barometer highlighted the fragility of Germanys economic recovery. 
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Rupee up, breaches 48.50
Mumbai: The rupee closed higher on Wednesday, touching a seven-month high at 48.4825/4875, against the dollar as compared to Tuesday's close of 48.50/5025 in the forex market. 
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Bond prices rise marginally
Mumbai: Bond prices went up marginally by 4-5 paise in the debt market on Wednesday. Post the auction and the outflow, the liquidity in the system is still seen to be ample. 
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