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Indian markets pulled back to end in the positive terrain

Indian markets pulled back to end in the positive terrain led by short coverings in banks and realty space. Positive European markets also boosted sentiments.
National Stock Exchange’s Nifty ended at 4891.25, up 24 points or 0.49 per cent. The 50-share index hit a low of 4766 and high of 4893.70 in today’s trade.
Bombay Stock Exchange’s [...]

European shares rose on Friday,

European shares rose on Friday, bouncing back after their worst sell-off in a year, led by the banking sector as investors await U.S. GDP numbers to gauge the health of the global economy.
By 0812 GMT, the pan-European FTSEurofirst 300 index of top shares was up 0.8 percent at 1,009.32 points after hitting their lowest close [...]

Wall Street falls on tech earnings

US stocks dropped on Thursday as poor outlooks from Motorola and Qualcomm dented optimism in the technology sector while worries about Greece’s fiscal health dragged on sentiment.
Qualcomm Inc shares tumbled 14.2 percent to $40.48 and Motorola Inc slid 12.4 percent to $6.48 after both companies’ earnings and outlooks fell short of expectations.
“They did exactly what [...]

European stocks edge higher

Europe’s main stock markets rose on Friday in cautious trade before publication of crucial US economic growth data and amid stubborn concerns about Greece’s debt crisis, analysts said.
London’s benchmark FTSE 100 index of leading shares added 0.59 per cent to 5,176.20 points in late morning deals.
Frankfurt’s DAX 30 won 0.76 per cent to 5,582.29 [...]

Global recovery fears hit

Fresh fears about the strength of the global recovery led Asian markets back to losing ways Friday, as weaker-than-expected US data combined with growing fears over sovereign debt.
The region took its cue from Europe and Wall Street, which fell hard overnight on disappointing technology sector results, US employment and manufacturing data, amid growing fears over [...]

Market ignores CRR hike

Indian markets pulled back to end in the positive terrain on Friday led by short covering in banks and realty space. Upward projection of GDP by the Reserve Bank of India in its third quarter monetary policy review and positive European markets also boosted sentiments.
Indices opened lower in line with other global markets and moved [...]

BSE Sensex snapped a six-session losing streak on Thursday

The Bombay Stock Exchange (BSE) Sensex snapped a six-session losing streak on Thursday as global markets rebounded, but trading was choppy and volume light due to the expiry of monthly derivatives contracts.
The Sensex ended up 0.1%, or 17.05 points, at 16,306.87 after rising as much as 1.4% during trade. Only 12 of its components closed [...]

NTPC in a fix over

The sudden change in the global market condition and the sharp fall in Indian stock market could affect the price NTPC gets in its follow-on offer that is scheduled to open on February 3.
A meeting between four investment bankers and officials from NTPC and department of disinvestment on Thursday remained inconclusive due to differences over [...]

IPO pipeline in 2010 may choke

It is eerily reminiscent of the period soon after the market correction in January 2008, when many IPO-bound companies had to first extend their subscription period and slash the price band, and then altogether defer the issues in the face of investor apathy.
Aqua Logistics on Thursday became the first casualty of the latest sell-off in [...]

Equities opened in the negative territory on Friday

Equities opened in the negative territory on Friday taking cues from losses in other global markets. All sectoral indices were in the red with IT, realty and metals leading the decline. Rate sensitive stocks will be action as the Reserve Bank of India comes out with its monetary policy review.
“After losing more than 6% [...]