Bull domination
Mumbai: Bulls were in total control of Friday's trading activity. Bears were unable to make any impact during the day's trading.
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CSE scam: Bajorias on board of raided co
Kolkata: Police raids on stock brokers' offices in Kolkata on Friday, conducted in connection with the ongoing investigation into alleged siphoning out of funds on the Calcutta Stock Exchange, have thrown up an alleged connection between a section of the tainted brokers and the well-known jute baron, Mr Arun Bajoria.
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Colgate active on turnaround hopes
Mumbai: The stock of oral care major, Colgate Palmolive India, is expected to witness some action in the coming weeks as signs of the turnaround in the company become more visible.
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Ratnakar Bank sells pledged Aftek shares
Chennai: Ratnakar Bank sold part of the shares in Aftek Infosys placed as a collateral by the promoters of that company. Aftek Infosys informed the National Stock Exchange that the bank sold these shares at Rs 334 on September 23.
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New models lift Bajaj Auto
Mumbai: The stock price of two-wheeler major, Bajaj Auto, was in the limelight on Friday after several weeks. Bajaj Auto stock gained 4.77 per cent at Rs 399.75 on the BSE with volumes of 48,459 shares. On the NSE, the stock closed at Rs 400, up 4.62 per cent with volumes of 1.22 lakh shares.
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Block deals on bourses
Mumbai: With the first half of the current fiscal coming to an end, several fund mangers have resorted to inter-scheme transfers. This was seen from various block deals in the stock market on Friday.
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UTI offloads HLL shares to
LIC?
Mumbai: UTI is believed to have sold around 10 lakh shares of Hindustan Lever Ltd (HLL) to LIC on Friday through market operations. The transaction was mainly through various block deals in the first few minutes of the day's opening on the BSE.
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SEBI fixes 3-year lock-in for `sweat equity' shares
Mumbai: The Securities and Exchange of India has issued comprehensive regulations governing the issuance of `sweat equity' shares by companies listed in a recognised stock exchange.
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Heightened activity in pivotals, software stocks
Mumbai: After almost four days of lacklustre trading moving within a tight band, the BSE Sensex marched up by 22.57 points (0.75 per cent) to close for the day at 3037.26 points.
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Re firms up; gilts rise
Mumbai: THE rupee closed marginally firmer on Friday at 48.3750/38 per dollar as compared to Thursday's close of 48.3950/40.
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Dow plunges nearly 300 points at close
Mumbai: Earnings warnings from companies including Philip Morris and Delta Airlines sent stocks tumbling on Friday, canceling out gains from a two-day rally in blue chips. The Dow Jones industrials plunged nearly 300 points.
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