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Crude dips below $140/bbl (09 July 01:20) |
| Crude prices dropped almost USD 4 a barrel due to commodity selling amid fears of weakening global economy. It had gained almost 50% this year. It is driven partly by tension over Irans nu... |
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Govt playing favourite on imposing windfall tax: Amar Singh (09 July 12:30) |
| Amar Singh, General Secretary, Samajwadi Party, once again alleged today that Petroleum Minister Murli Deora was favoring certain corporates imposing a windfall profit tax on private oil com... |
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We are interested in SpiceJet: Wilbur Ross (09 July 12:00) |
| American billionaire Wilbur Ross said he is interested in SpiceJet. We have held talks with the company.
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Mkts likely to stay above recent lows: Kotak Mah Bk (08 July 11:43) |
| C Jayaram of Kotak Mahindra Bank said the markets are likely to stay above recent lows. "Crude prices are key. A sharp fall in crude would be the only trigger for a nearterm rally." Accord... |
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IFCI a good bet above Rs 39: Bose (08 July 10:32) |
| Technical Analyst, Rajat K Bose is of the view that let IFCI cross Rs 39 and then only one can bet more on the long side but unless Rs 39 is decisively crossed it will once again become rang... |
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Stocks to watch: BHEL, HDFC, ICICI, LT (08 July 09:46) |
| Vijay Bhambwani of bsplindia.com is positive on HDFC Bank and ICICI Bank. Rajat Bose of rajatkbose.com is positive on BHEL, LT ABB ans Siemens. |
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SAT dismisses Sebi directive on Mysore Cem open offer (08 July 09:15) |
| It was bad day in court for the Securities and Exchange Board of India, or Sebi. The Securities Appellate Tribunal, or SAT, has set aside Sebi's order on the Heidelberg's open offer for My... |
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Markets stabilize bit post political news (08 July 08:52) |
| It was a horrible start to the day but the market seems to have somewhat stabilized in a bit of a trading range after the political news has come to the fore. |
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Longterm invt should start cherry picking now: Experts (08 July 08:38) |
| Experts like Mehraboon Irani, Centrum Broking, and Kamlesh Kotak, Asian Mkt Sec said accumulation at every decline should be the strategy for longterm invt. "There are cos which are availab... |
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Stocks that benefit from nuke deal (08 July 07:41) |
| Left sources say that the Left has taken a decision to withdraw its support to the UPA. The Left will approach the President tomorrow. If the nuclear deal goes ahead, companies like LT, BHEL... |
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Stay with ICICI Bank, SBI: Tulsian (08 July 06:26) |
| Investment Advisor SP Tulsian is of the view that one should remain invested in ICICI Bank, SBI for long term. They have come really at a very good valuations and one could really make an en... |
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Left withdraws support to UPA (08 July 05:39) |
| The Left has withdrawn its support to the UPA. It will issue a formal statement on withdrawal of support shortly. The Left will approach the President. The market has held at 3900 levls on t... |
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SAP ruling to hit bottomlines of sugar cos: Tulsian (08 July 05:20) |
| Sugar stocks are slipping on the news that the Allahabad High Court has upheld the SAP first of all and then fixed a price at Rs 125 from the earlier interim price of Rs 110.To analyze the n... |
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Govt may levy additional cess: Subir Raha (08 July 04:48) |
| Subhir Raha Ex Chairman of ONGC said that the Ministry of Finance is the biggest beneficiary of windfall gains due to the high oil prices. He feels that the government could levy an addition... |
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iGATE seeing some project cutbacks, cancellations (08 July 04:41) |
| Phaneesh Murthy, CEO of iGATE said that his company has seen some project cutbacks and cancellations. Since the budgeting season in US is drawing near, he estimates that this may not be a po... |
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Mkt may test into 12K levels: Centrum Fin (08 July 04:39) |
| R Amarnath of Centrum Finance believes the timing of elections and electoral outcomes could result in an overhang on the market. He doesn't expect guidance from corporate India to be very r... |
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Reliance Ind a dangerous stock for Nifty now (08 July 04:04) |
| Reliance Ind is a dangerous stock for the Nifty right now. It has been a pillar for the last many years but in the last two months it has been a source of weakness for the Nifty. |
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Longterm players must buy in this dipping mkt : Kotak Secs (08 July 03:19) |
| R Venkat Subramanian of Kotak Securities feels that from a longterm investment point of view; he feels that at this point and from hereon, any downward fall in the market should represent a ... |
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Bears reign; Realty, Bank, OG, FMCG stks worst hit (08 July 02:28) |
| Markets are witnessing heavy selling pressure on the back of weakness in realty, banking, oil, FMCG, power and auto stocks. Rate sensitives are again taking huge beating on the bourses. Mark... |
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Mkts under selling pressure; Rel Infra, Tata Power dn (08 July 02:28) |
| Markets are reeling under heavy selling pressure as realty, technology, FMCG, select oil, banking and auto stocks have crashed. Fall in European markets has fueled to more negative sentiment... |
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Mkts end lower; IT, telecom, FMCG, oil refinery stks tank (08 July 02:28) |
| Markets ended on a weaker note due to selling pressure in oil refinery, technology, telecom, private banking, realty, FMCG, select power and auto stocks. Sharp cut in European and Asian mark... |
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See Nifty below 4000 today amidst political turbulence (08 July 02:07) |
| Today in the middle of the day, we will have political turbulence. Not much support is seen from the global markets also as they are weak. Amidst negative global cues, 4000 levels might bec... |
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Crude prices drop almost $4/bbl (08 July 02:05) |
| Crude prices dropped almost 4 dollars a barrel on dollar's gains and signs economic growth is slowing across Europe, which may curtail energy demand. In after hours access trading, crude is... |
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Hutch buy transfer of cap asset: IT tells V'fone (08 July 02:59) |
| Vodafone argued that the deal with Hutch was regarding the sale and purchase of shares in an offshore company and hence not taxable in India. But the IT Department insists the underlying ass... |
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Nuke lobbying may force India to expedite fin reforms (08 July 02:12) |
| The Indian government is moving into high gear, to get the IndoUS nuclear deal through. India will lobby with global energy giants like GE and Westinghouse through the IndoUS Business Counci... |
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No cap gains on shares transferred at cost: ITAT (08 July 01:45) |
| The Income Tax Appellate Tribunal, or ITAT has ruled that no capital gains tax is applicable on shares transferred at cost, if there are no other benefits, reports CNBCTV18. "The difference... |
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Left miffed by PM speak may pull plug on Tue (07 July 11:46) |
| The Left seems to have finally made its decision. It may withdraw support to the United Progressive Alliance, or UPA, government on Tuesday itself, instead of waiting for Prime Minister Manm... |
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DSP ML sees more ve newsflow in nearterm (07 July 10:28) |
| Andrew Holland of DSP Merrill Lynch said the negative newsflow is likely to continue in the nearterm. "We expect further negative surprises, but see limited downside. The markets may see a ... |
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SebiAMFI join hands to check NAV manipulation (07 July 10:24) |
| After CNBCTV18 reported few days ago, that fund managers are manipulating net asset values or NAVs of floatingrate schemes, market regulator Sebi and industry body AMFI are working together ... |
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Buy sugar stocks says Sukhani (07 July 10:07) |
| Technical Analyst, Sudarshan Sukhani is of the view that long term investors can buy sugar stocks. |
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Sensex should bottom around 12,800: Amit Nalin Secs (07 July 09:41) |
| Amit Dalal of Amit Nalin Securities said the market should bottom around 12,800. "It should trade rangebound between 13,200 and 12,800. Right now, it is a considerably strong bottom. For th... |
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Stocks to watch: Tech Mah, Sanghvi Movers, RComm (07 July 09:04) |
| P Phani Sekhar of Angel Broking is positive on Tech Mahindra And Sanghvi Movers. Sudarshan Sukhani of Techincal Trends is positive on Reliance Communication. He is negative on Reliance and R... |
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Steady upmove better than Vshaped recovery (07 July 08:55) |
| The market has not darted up one way and the vertical pull back is quite encouraging because you could have seen a Vshaped kind of recovery but those would have not lasted very long. So it i... |
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See mkt at 14,900 levels: Ashesh Gupta (07 July 08:19) |
| Technical Analyst Ashesh Gupta said todays market movement as a bear market rally and sees the Sensex going up to 14,100. He told CNBCTV18 that if it breaks that level, then it may go to 1... |
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SuzlonArcapita Bk JV to buy Honiton Energy (07 July 07:44) |
| Suzlon has said that it will form a joint venture with Arcapita Bank for wind energy and the company will invest USD 2 billion for the same. The JV will develop 1,650 MW wind energy in China... |
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RComm, RIL to resolve doubts not disputes at next wk meet (07 July 07:14) |
| Reliance Communications, or RComm, has offered to meet RIL in the week starting July 14 to clarify doubts. It clarified that the meet is not part of any conciliation or dispute resolution pr... |
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Spicejet to issue fresh equity to WL Ross (07 July 07:11) |
| SpiceJet is in advanced stages of talks with venture capitalist WL Ross. SpiceJet was approached by Kingfisher but SpiceJet did not accept their proposal. Spicejet feels that Kingfisher can ... |
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Larsen Toubro splits ECC division into four (07 July 05:58) |
| Larsen Toubro will split its Engineering Construction and Contract (ECC) division into four separate companies soon, according to Mr J. Ganguly, Executive VicePresident, LT Ltd, reports The... |
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All NAVs in red? Try portfolio rebalancing! (07 July 05:56) |
| When the Sensex was booming, greed took over, and people took undue risks. But now as the markets have crashed by almost 40%, fear has taken over and investors are getting panicky. So how do... |
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Global mkts to soften; India to be hit more: Lotus AMC (07 July 04:48) |
| Ajay Bagga, CEO Of Lotus Asset Management feels that there is a pullback happening which is justified given the kind of sharp drop that we saw in the markets. According to him, we are going ... |
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Windfall cess on oil cos not justified: Tulsian (07 July 04:40) |
| SP Tulsian of sptulsian.com feels that the windfall cess on oil companies is not justified. |
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RBI to continue antiinflation crusade in July too: IDFC MF (07 July 04:10) |
| Naval Bir Kumar, IDFC MF said that the Reserve Bank of Inidia or, the RBI will raise rates till growth slows, inflation is tamed.
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Cairn may underperform on burden of windfall tax (07 July 03:12) |
| The caveat is that (news that Private Oil Cos may have to pay windfall tax )this is not a done deal yet; we only had talks. The stock might react this morning because of sentiment reasons bu... |
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Earnings may not be as weak as mkts expect: PN Vijay (07 July 03:07) |
| Portfolio Manager PN Vijay said the earnings this quarter will definitely be weak compared to the past, but not as weak as the markets expect. Vijay thinks the economy is lesser and lesser s... |
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Mkts bullish; banks, FMCG, metal, power stks gain (07 July 02:30) |
| Markets are witnessing buying interest with support from banking, FMCG, metal, power, technology, capital goods and realty stocks. Midcap and small cap stocks are trading with good gains. On... |
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Mkts off day's high; RIL, Cairn, Rel Comm, RPL top losers (07 July 02:30) |
| Markets have given up some gains but still trading higher with support from FMCG, technology, auto, banking, metal, power and realty stocks. However, select capital goods, pharma and oil ga... |
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Mkts end with modest gain; RIL, BHEL, LT, RComm drag (07 July 02:30) |
| Markets have ended with modest gain on the back of buying support from technology, FMCG, auto, metal, banking, realty and power stocks. However, private oil companies and large capital goods... |
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Even 200300 pts rally may relieve mkts (07 July 02:28) |
| It is an important week for the market. There will be important events in this week which could be a deciding factor for the markets. There will also be some final resolutions from the polit... |
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Crude at $143.70/bbl (07 July 02:06) |
| Crude prices continue to trade near record USD 144 dollar a barrel levels. in after hours access trading, crude is at USD 143.70 per barrel.
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Rahul Gandhi favours Congress' solo foray in states (05 July 10:35) |
| As the Congress and the SP move towards tying up to push the nuclear deal through, Rahul Gandhi has said that he is in favour of Congress going alone in the states. |
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