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Sensex wipes off 2018 gains

DNMUM423950 | 10/12/2018 | Author : Ahana Chatterjee | WC :645

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Index sheds 759 points following a big overnight drop in Dow Jones, Nifty falls 225 points

Mumbai: Forecasts of a volatile ride at the start of the year are turning out to be true as a Wall Street sneeze on Wednesday saw indices world over catching cold.
Sensex opened over 1,000 points down below 34000-mark on Thursday, spooked by the overnight 3.15% drop in Dow Jones Industrial Average in the US.
The 30-share benchmark wiped off all the gains it made in 2018 and closed just above 34000, tumbling 760 points on Thursday. The rupee touched the lifetime low of 74.45 against US dollar during the intra-day trade, before closing at 74.13, a gain of nine paise from its previous close of 74.22 as the Brent crude fell 1.78% to $81.61 per barrel.
Sensex dropped to a low of 33725.28 and closed at 34001.15, 759.74 points, o
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St ends weak on US-Iran tensions
DNMUM438216 | 6/25/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :147

Mumbai: Domestic share indices retreated for the second straight session on Monday, after investors trimmed their exposure to oil & gas stocks in view of the ongoing tensions between the US and Iran.
In a volatile session, the BSE Sensex settled
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Tata Steel, Maruti Suzuki, DHFL, YES Bank to be in limelight today
DNMUM438217 | 6/25/2019 12:00:00 AM | Author : Vinod Nair, head of research, Geojit Financial Services | WC :117

Bull market or bear market today?
Lack of major triggers, expiry and weak global cues is likely to put pressure on markets.

Stocks likely to be in limelight today?
Tata Steel, Maruti, YES Bank, DHFL

Sectors likely to impact
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‘Start funding to HFCs, NBFCs’
DNMUM438218 | 6/25/2019 12:00:00 AM | Author : Swati Khandelwal | WC :475

The government must increase affordability and incentivise people to buy homes, says Yashpal Gupta, MD & CEO, Repco Home Finance. Gupta during an interview with Swati Khandelwal said the government should come out with some credit enhancement pr
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Realty cos seek infra status for housing
DNMUM438219 | 6/25/2019 12:00:00 AM | Author : Ateeq Shaikh | WC :575

Mumbai: In the backdrop of the ongoing liquidity crunch, the real estate industry, like any other sector, wants the government to take some measures to spur investments.
The housing industry is looking forward to the timely transmission of intere
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