F&O Outlook:   Nifty PCR-OI has decreased to 1.67 from 1.69. The fall in the ratio may be due to decrease in PE of 9900 and increase in CE of 10600. PE of 10200 and CE of 10300 are the highest number of contracts traded. . Opening for the Day:   Trading of SGX Nifty
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The Indian rupee gained in the early trade on Monday. It has opened higher by 13 paise at 64.80 per dollar versus 64.93 Friday.   Pramit Brahmbhatt of Veracity said, “Weak US dollar and positive cues from domestic equity market will help the rupee strengthen.”   “We expect the spot USD-INR pair to trade in
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Gold prices rose on Monday, erasing all of the previous week’s losses, as a weaker dollar and the resilience of a key chart level removed some downward pressure, while the return of Chinese buyers to the market also lent support.   Prices bounced after falling for a fourth week to a two-month low on Friday,
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Mahindra and Mahindra, HUL and Reliance were the top gainers, while NTPC, Wipro, Bharti Infratel and Tata Motors lost the most.   Frontline indices on Thursday opened on a flat note, with the Nifty trading above 9900-mark in the opening tick. The Sensex was up 48.81 points at 31720.52, while the Nifty was up 11.30
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Mahindra and Mahindra, Dr Reddy’s Laboratories, Yes Bank and Aurobindo Pharma were the top gainers, while Bharti Airtel, Hero MotoCorp, Bharti Infratel and Power Grid Corporation. Benchmark indices extended their gains from the morning session, with the Nifty inching towards 9950-mark. The Sensex was up 97.95 points at 31769.66, while the Nifty was up 29.75
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Amid a public outcry over rising fuel prices, the government had reduced the basic excise duty on petrol and diesel by 2 rupees per litre, effective today. States have also been asked to review value added tax on petrol and diesel, reports CNBC-TV18. An official said the Centre expect states to reduce VAT on petrol
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GAIL surged 6 percent after Petroleum & Natural Gas Regulatory Board Of India has floated consultation paper w.r.t unified tariff for company’s pipelines Rs 57 per mmbtu. FM sees rise in GST collections: Finance Minister Arun Jaitley said the Goods and Services Tax (GST) collections in the first two months have met the target and
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Indian market made an intermediate top last Tuesday when Nifty made a record high of 10,178 and Sensex touched 32,500 but since then benchmark indices have lost more than 4 percent each in a matter of just 7 days.   Investor wealth saw an erosion of over Rs 6 lakh crore on the BSE in the
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In the past two months, the markets have moved largely sideways, believes Vibhav Kapoor of IL&FS.   “I expected a correction. Stocks have been as expensive as ever and there is no case of buying right now,” Kapoor told CNBC-TV18 in an interview.    Selan Exploration, Dolphin Offshore Aban Offshore and HOEC rallied 5-11 percent.
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Punjab National Bank on Friday said it plans to raise up to Rs5,000 crore equity capital from the markets to fund growth. The decision in this regard would be taken in the board meeting on 27 September, PNB said in a filing to the stock exchanges. The bank would consider raising “common equity Tier capital
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