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Sensex chops off 130 pts on profit booking

DNMUM385245 | 3/21/2017 | Author : DNA Correspondent | WC :235


Mumbai: Markets ended with losses succumbing to profit booking by cautious participants on Monday. The rupee’s continuous strength (65.31 intra-day) against the dollar weighed on IT stocks dragging the Sensex down, amid mixed global cues. While the BSE Sensex shaved off 130.25 points, or 0.44%, closing at 29518.74, Nifty wrapped up the session at 9126.85, after dropping 33.20 points, or 0.36%. Among the 30-share Sensex components, Axis Bank emerged as the top loser by falling 2.41% to Rs 504.55, followed by ICICI Bank 1.99% to Rs 275.15. Idea Cellular tumbled 9.55% to Rs 97.60 after the company announced its merger with Vodafone India. Infosys, TCS, Wipro, RIL, Tata Steel, L&T, Hind Unilever, PowerGrid, Maruti Suzuki and Mahindra
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Sensex, Nifty off peaks as bulls take a breather
DNMUM387572 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :193

Mumbai: Indian markets traded in a taut range on the back of F&O expiry on Thursday to close with marginal losses. The BSE Sensex ended at 30029.74, after falling 103.61points, or 0.34%, while Nifty closed at 9342.15, after dropping 9.70 po
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Return, not label, matters in value and growth funds
DNMUM387573 | 4/28/2017 12:00:00 AM | Author : Tarun Birani | WC :695

A myth which has been around for a long time becomes a reality. In the same way, the perception towards categorising the funds as growth funds and value funds has been around long enough for us to believe that they exist and behave
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Go on a world tour…virtually
DNMUM387574 | 4/28/2017 12:00:00 AM | Author : Priyanka Golikeri | WC :470

Witness the great migration in the Maasai Mara in Kenya from a safari jeep. Get a feel of Italy’s crisp air while driving down the Amalfi Coast in a vintage car. Or go on a road-trip to uncover the spellbinding beauty of Iceland. All of this si
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Hudco to raise `1,200 cr in maiden float
DNMUM387582 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :134

Mumbai: Housing and Urban Development Corporation Ltd (Hudco) plans to raise Rs 1,224 crore through its initial public offer (IPO), in first such offering by a government-owned company in the last five years.The previous one, National Building
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