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Sensex surges 181 points in 6 days
Mumbai: The 181-point rally that the BSE Sensex witnessed during the last six days (November 14-22), has come as a pleasant surprise to the market as it has turned out to be the biggest rally since March.
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CanLiquid declares dividend
Mumbai: Canbank Mutual Fund has announced the forty-fourth tranche of weekly dividend in its CanLiquid scheme under the dividend re-investment plan.
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Bull domination
Mumbai: Bulls were in total control of Friday's trading activity. Their dominance for the eighth successive trading day left the bears stranded. The sentiment reading of the tradable counters continues to remain strongly in favour of the bulls.
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LSE seeks Indian IT listings
New Delhi: The London Stock Exchange (LSE) is negotiating with close to 50 Indian companies to get them listed, according to its CEO, Ms Clara Furse.
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Reliance sees huge volumes, price jump
Mumbai: Propelled by a slew of positive news, Reliance Industries witnessed huge volumes today. The stock jumped 3.46 per cent to Rs 284.35 on the BSE on record volumes of 66.20 lakh shares. On the NSE, the stock moved up by 3.88 per cent at Rs 284.75, registering volumes of 1.35 crore shares.
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Tata Engg hits new high
Mumbai: The Tata Engineering stock today hit the 52-week high of Rs 166.90 on the NSE and at Rs 166.40 on the BSE. The stock, however, closed lower at Rs 161.70 on the BSE and at Rs 162.20 on the NSE.
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i-flex slides on fund selling
Mumbai: Institutions seemed to be exiting i-flex Solutions. Market talk has it that the slide in the share price was mainly due to a `sell' recommendation by a prominent domestic brokerage firm on the stock.
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Securitisation Bill boosts bank stocks
Mumbai: Shares of leading banks and financial institutions yesterday gained following the passage of the Securitisation Bill by the Lok Sabha. The rise in the stock prices was also on account of good dividend yield, brokers and analysts said.
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Punjab Tractors rides high on sell-off hopes
New Delhi: The Punjab Tractors Ltd stock yesterday attracted huge volumes on the major bourses and closed with a gain of around 2 per cent on possible disinvestment trigger.
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Record turnover in NSE derivatives
Mumbai: The National Stock Exchange (NSE) yesterday recorded all-time high volumes in the derivatives segment at Rs 2,912.88 crore. In the cash segment, the turnover was Rs 3,780.52 crore. The previous highest volumes in derivatives segment of Rs 2,894.07 crore.
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UTI-II asset management co registered
Mumbai: The new asset management company that will take over UTI-II has been registered. Its stakeholders, Life Insurance Corporation of India, State Bank of India, Punjab National Bank and Bank of Baroda, were now awaiting the nod from Reserve Bank of India.
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Rupee stable; gilts bullish
Mumbai: The rupee closed on Friday `steady' at 48.1875/1975 against the dollar, as compared to Thursday's close of 48.1850/1950 in the forex market. The spot rupee had a rather dull with not much activity.
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domain - B : Indian business : News Review : 23 November 2002 : capital market