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BSE Sensex

Markets are in oversold zone

It was a dismal week in the history of stock markets, which saw the benchmark Bombay Stock Exchange (BSE) index, the Sensex, shedding 16 per cent (almost 2,000 points) to close at 10,528 on Friday. The decline was in line with...

The big bite: Nestle, Pepsi, Coke line up Rs 4,275 cr for India

Despite the global meltdown in financial and stock markets, food and beverages multinationals remain bullish on India. Nestle, PepsiCo and Coca-Cola have announced a combined investment of about Rs 4,275 crore over the next one...

Infosys sees over 50% erosion in market cap

Infosys Technologies has posted good set of numbers for the quarter ended September 2008 (Q2FY09) but the company has lowered its FY09 guidance. The stock closed down just by Rs 27.65, or 2.2% at Rs 1,226.70.

Financial Meltdown Felt in India

Hindustan Times, Posted: Oct 11, 2008 NEW DELHI - The Bombay Stock Exchange's 30-share Sensex plunged 800 points Friday, the lowest since July 2006, provoking jitters all over India, reports the Hindustan Times. The financial...

Equities markets suffer worst mauling in recent times

New Delhi News.Net Saturday 11th October, 2008 (IANS) With foreign institutional investors resorting to large scale selling, Indian equities markets suffered their worst ever mauling in recent times and a key index fell 16...

Markets crash at open; Sensex, Nifty down

MUMBAI: Stocks plunged at open on Friday as the global credit crisis worsened. National Stock Exchange’s benchmark Nifty plunged 216 points to 3297. Bombay Stock Exchange’s 30-share Sensex plummeted 799 points to 10529.24 from...

Sensex stocks to hit 52-week lows

As the bloodbath continued on the Indian bourses, many a index heavyweight made new 52-week lows. Adding to the market woes was dismal Index of Industrial Production data for August, which overshadowed RBI’s 150 points CRR cut.

FE Editorial : Cut, dont run

Sensex drops 1,000 points-plus intra-day, industry figures show growth dropping to just above one per cent, rupee is within striking distance of Rs 50 to a dollar rate, overnight money market rates double to 23%.

Indo-U.S. Nukes-for-mangoes deal clears last hurdle in the U.S. Senate

Dr. Amarjit Singh, Khalistan Affairs Center Indian Rupee falls to its lowest, since December 2002, with one US. dollar buying Rs. 48.03 yesterday Washington D.C. - All diaspora Sikhs therefore, ought to continue banking their...

Indian shares close 7.07 per cent down

Indian shares closed down 7.07 per cent Friday, despite an injection of liquidity from the Reserve Bank, on growing fears over a deepening global financial crisis and weak economic data, dealers said. The benchmark 30-share...

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