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Sensex advances for second day; shoots up 358 points

03 Feb 11 05:22 PM

MUMBAI: Shrugging off spike in food inflation and high interest rate worries, the BSE benchmark Sensex today surged by over 358 points to close at 18,449.31 on aggressive value buying in the recently beaten stocks and indications of a steady global economic recovery.

The Bombay Stock Exchange ben..

India to allow payment for Iranian crude through German bank

03 Feb 11 05:21 PM

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Ending weeks of uncertainty, India decided to pay for Iranian crude oil in euro through a German bank based in Hamburg, a finance ministry official said on Thursday. The conduit (route) was decided at a high level meeting chaired by National Security Advisor Shiv Shankar Menon. "State Bank of India ..

L&T Infra Fin retail bond issue to open Feb 7

03 Feb 11 05:18 PM

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L&T Infrastructure Finance, a fully owned unit of Indian engineering conglomerate Larsen & Toubro, said on Thursday its retail bond issue will open on February 7 and close March 7.

L&T Infrastructure Finance had priced the issue at 8.2% annually, and 8.3% for the cumulative option, its chief exec..

Bharti Airtel can move up to Rs 355-360: Sharma

03 Feb 11 05:14 PM

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Bharti Airtel can move up to Rs 355-360, says Jatinder Sharma, Partner, Equity Strategists.

Sharma told "Bharti has been one of the better performers in the past 2-3 months amongst the heavyweight pack. It has shed, it went to about Rs 370 levels and then it came to about Rs 320. But overall it ..

RIL has resistance at Rs 955-970: Sharma

03 Feb 11 05:12 PM

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Reliance Industries (RIL) has resistance at Rs 955-970, says Jatinder Sharma, Partner, Equity Strategists.

Sharma told "Around Rs 955-970 levels, is an immediate resistance band for RIL."

The company's trailing 12-month (TTM) EPS was at Rs 59.95 per share. (Dec, 2010). The stock's price-to-ea..

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Sensex advances for second day; shoots up 358 points

India to allow payment for Iranian crude through German bank

L&T Infra Fin retail bond issue to open Feb 7

Bharti Airtel can move up to Rs 355-360: Sharma

RIL has resistance at Rs 955-970: Sharma