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MFs' asset base swells
The latest AMFI (Association of Mutual Funds of India) numbers on mutual funds' assets are out and, once again, they lend credence to the market perception that collections have been coming in thick and fast.
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Caution is the watchword
The manoeuvrability of operators in front-running the market is fast
narrowing down. Many of them have pinned their bets on Infosys' third quarter results, scheduled to be announced this week on Friday.
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Bright days ahead for Asian Paints?
Asian Paints ended last Friday down at Rs 327.20 on the Bombay Stock Exchange with significant volumes of 1.85 lakh shares. On the NSE, the stock closed at Rs 327.60, with 2195 shares being traded.
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T+2 system will put India in a select band
The SEBI chairman, G N Bajpai's dream to have the T+1 trading system in the Indian stock exchanges may take time. But the market will surely go in for a shorter settlement cycle from next fiscal.
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Hero Honda: Will numbers halt the slide?
The stock price of Hero Honda took a knock after the company reported a sharp slowdown in motorcycle sales last week. The stock could continue to see heightened market action with the company slated to announce its quarterly performance soon.
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Dr Reddy's ends on firm note
The US markets began the New Year on a promising note. The Dow Jones Industrial Average jumped 3.6 per cent to 8601.69 as against the previous week close of 8303.78 and the broader S&P CNX Nifty 3.8 per cent to 908.59 (875.40).
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domain - B : Indian business : News Review : 6 January 2003 : capital market