Dow slips 12 points at close
Mumbai: Wall Street struggled through an ambivalent session Tuesday, with investors hoping to start a rally but ultimately selling on downbeat news from Home Depot. The Dow Jones industrial average closed down 11.65 points at 8474.92.
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Sensex likely to remain range-bound
Mumbai: The Sensex is likely to turn range-bound on Wednesday as stock prices are likely to display mixed trends after recent gains. While New Economy stocks are likely to ease following a weakness in the US markets, selective buying may continue in Old Economy bluechips after a recent fall, feel players.
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Sterlite offers disputed Indal stock to Hindalco
Mumbai: In what marks a tame end to its high-profile takeover attempt of Indian Aluminium, Sterlite Industries has offered Hindalco the entire lot of Indal shares that were locked in dispute.
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CSE brokers continue strike
Kolkata: The threat of an all India stock market shutdown has receded as brokers' associations at NSE and BSE failed to decide whether to join their striking counterparts at the Calcutta Stock Exchange on the second day on Monday.
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Mumbai tops derivatives trading chart, Kochi 4th
Mumbai: The city of Kochi is fast emerging as a major centre for derivatives trading. As per the latest data released by the National Stock Exchange (NSE) the city and its suburbs rank 4th among Indian cities and first in South India as far as share of derivatives trading is concerned.
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