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Sensex ends with miniscule gains on late sell-off

DNMUM396590 | 9/14/2017 | Author : DNA Money Correspondent | WC :218

Mumbai: Indian markets succumbed to selling pressure in broader markets on Wednesday, with buying activity restricted to large-cap stocks alone, amid smooth capital outflows by foreign funds. The benchmark Sensex closed with marginal gains at 32186.41, after inching up 27.75 points, or 0.09%. Nifty, on the other hand ended in the red with a closing of 10079.30 after tanking 13.75 points, or 0.14%. Sun Pharma rose 4.02%, Reliance jumped 3.13%, Dr Reddy ended up 2.09%, while Lupin inched up 1.10%. Among the laggards stood ITC falling 2.18%, HDFC slipping 1.12% and Bharti Airtel tanking 0.96%. Cipla, Wipro, Power Grid, ONGC, NTPC, Coal India, Tata Steel, Asian Paints were among other losers on Sensex. Investors were cautions after retail inf
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Liquidity woes weigh on indices
DNMUM397074 | 9/22/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :188

Mumbai: Indian markets displayed weakness on Thursday as bears took charge in the final trading hour after US Federal
Reserve (Fed) said it will wind down the stimulus signalling a rate hike this year. While the BSE Sensex fell 30.47 points, or 0
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Tips to help you pick the right home cover
DNMUM397075 | 9/22/2017 12:00:00 AM | Author : Parag Gupta | WC :790

For most Indians, our homes are our biggest asset. It’s a place that gives us comfort, peace and security. But how many of us have insured it? With the news of flooding from various parts of the country, there is a renewed focus on
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Hotel room prices to rise up to 20%
DNMUM397087 | 9/22/2017 12:00:00 AM | Author : Ashish K Tiwari | WC :273

Mumbai: Hotel rooms rates are getting dearer by up to 20% as Indian hospitality industry enters the business season in the coming three months. The extent of hike, however, will differ across hotel companies depending on location, brands and customer
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SBI steps into Usha Martin promoters’ dispute in NCLT
DNMUM397088 | 9/22/2017 12:00:00 AM | Author : Sumit Moitra | WC :520

Kolkata: State Bank of India (SBI) has gone aggressive in recovering its dues from the troubled steel-wire rope leader Usha Martin Ltd. After forcing chairman Prashant Jhawar to resign in April for not executing loan covenants, the bank has now force
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