Bear resurgence
Mumbai: Bears were successful in terminating the four-day bull run. Bears were in total command of Tuesday's trading activity. Their dominance left the bulls with no opportunity to recover. The sentiment reading of the tradable counters stands neutral.
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CSE moots revised balance sheet
Kolkata: The Calcutta Stock Exchange (CSE) has proposed to introduce a revised balance sheet after adjustment of securities pay-in from Settlement No 2004307, whose funds pay-in and pay-out corresponds to Tuesday (April 8).
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Order buzz lifts Hughes Soft
Mumbai: The stock price of Hughes Software Systems (HSS), the Delhi-based communications software provider, has gained over 18 per cent over the past week amid speculations that the company has built up a healthy order book with names such as Motorola,Cisco Systems and Alcatel on its client list.
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Divi's Lab stays on funds' buy list
Mumbai: The Divi's Laboratories stock hit an all-time high of Rs 253.45 on the BSE in mid-afternoon trades thereby continuing its dream run on the bourses. The stock ended the day at Rs 249.05, up five per cent, with around 5.4 lakh shares traded on the BSE. On the NSE, the stock jumped up by 6.01 per cent to end the day at Rs 250.50 with around 12.94 lakh shares traded on the NSE.
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Syndicate Bank up on equity cut, dividend hike hopes
Kochi: Shares of public sector Syndicate Bank have gained over 30 per cent in the last seven trading sessions following the announcement that it will return Rs 100 crore of equity capital to the Union Government.
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Re dips; gilts volatile
Mumbai: The rupee ended at 47.4100/4150 against the dollar on Tuesday compared to Monday's close of 47.4050/4150 in the local currency markets. There was good demand for greenbacks by most banks ahead of the long week-end coming up.
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