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Most
PSBs buck market trend
Mumbai: State-owned oil companies might have done
the star-turn in the market in recent times. But public
sector banks haven't done badly either. Between April
2001 and now, they have generated close to 28 per cent
return to their investors.
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Reliance
Industries: Can we `rely' on it?
Mumbai: With Hindustan Lever's performance failing
to prop up market sentiment, it remains to be seen what
Reliance Industries comes up with on October 31. The company
is scheduled to hold its board meeting on Thursday to
consider the quarterly performance.
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Lacklustre
earnings affect sentiment
Mumbai: The US stocks maintained the bull-run for
the straight third week as investors continued to show
confidence. As a result the S&P 500 and the Dow Jones
Industrial Average gained 1.5 per cent to close at 897.65
and 8443.99 respectively while the tech-focussed Nasdaq
surged 3.4 per cent to finish the last week at 1331.13.
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