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Markets leave Brexit worries behind, Sensex up for 3rd day

The benchmark BSE Sensex rallied for the third consecutive session on Friday helping regain the losses incurred on Brexit referendum. The key index had lost over 600 points

12 firms raised Rs 8,183 cr in H1 through IPOs

Fund-raising by companies in the primary market was lower in the first half of 2016, despite higher number of issues hitting the market. They preferred realistic pricing of offerings

SBI chief sees pain continuing

The high amount of bad loans in Indian banks would come down only when the legacy issues are resolved. However the government’s policy reforms may contribute positively

Large-cap companies take a liking for share buybacks

The calendar year has seen a rare traction in the number of large-cap companies buying back their own shares under the regulatory norms. Financial Chronicle Research Bureau analysed this

Market gets a 259-pt lift as economy shows traction

Stocks on Thursday wiped off their Brexit losses suffered last week by soaring over 259 points, in line with a global rally, on improving prospects of the economy to close

Ruias plan to sell another 25% stake in Essar Oil

After stitching a deal to sell 49 per cent stake in Essar Oil to Russia's Rosneft, the Ruia family is looking at selling another 25 per cent stake in the company to an oil trader or a strategic investor like Saudi Aramco.

Netflix says firm continues to look into entering China

Netflix Inc will continue to look into the possibility of entering China, a senior company executive said on Thursday, as the video streaming service seeks to grow its subscriber base outside its home of the United States.

Net foreign investments in equity, debt in H1 is paltry Rs 6,779 cr

Foreign portfolio investments in Indian debt instruments have been negative in the first six months of this year with outflows of Rs 12,242 crore. In 2015, there were inflows

Essar Steel Pune facility eyeing Rs 3,000cr turnover

The Essar Steel Pune Facility (ESPF), a manufacturing unit that is integral to Essar Steel India’s value-added steel portfolio, is targeting a 45 per cent rise in sales turnover to

HUL fundamentally sound but valuation is quite high

The most popular fast moving consumer goods (FMCG) stock in the market is undoubtedly Hindustan Unilever. Its popularity is partly reflected in the stock’s high valuation compared to its

Smart Chips
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    The counter witnessed build-up of fresh positions in cash market as well as derivative segment.

Lazy Chips
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    The counter continued to see selling of positions in cash market as well as derivative segment.


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