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Mid-cap bloodbath dents Dalal Street: Over 300 stocks fall 5-20% today; Sensex loses 35,000-mark

The domestic sharemarket saw heavy sell-off in most of the mid-cap and small-cap stocks on Tuesday with scrips of Anil Dhirubhai Ambani Group’s telecom firm RCom plunging more than 8% and Aditya Birla Group’s telecom venture Idea Cellular slipping 10%. India’s equity market traded under tightened volatility with the headline indices Sensex and Nifty finishing

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BSE puts Anil Ambani’s R-Naval under ‘additional surveillance measure’, takes tally to 109; check full list

BSE (Bombay Stock Exchange) had placed Anil Ambani’s Reliance Naval and Engineering (R-Naval) and 108 other securities under the ‘additional surveillance measure’ in order to put a check on the price-volume manipulation with effect from today, 5 June 2018. This move came after the exchange’s order on 31 May 2018 which put as many as

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Rising petrol, diesel prices a concern, ONGC needs to act in national interest, says Niti Aayog

Expressing concern over the rising petrol and diesel prices, Rajiv Kumar, Vice Chairman of government think tank Niti Ayog said that country needs long-term self-reliance, and ONGC must act in national interest. “States must come together and take lead,” Rajiv Kumar told India Today TV. As a part of long term solution to keep fuel

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Sensex sheds 95 points; banking, PSU stocks slip as markets witness ‘price correction’

Markets saw a price correction on the first session of the new June series derivatives today, with the Sensex losing over 95 points and the Nifty closing below the 10,700-mark. Weakness in banking stocks offset gains in auto despite robust GDP numbers for the January-March quarter amid sustained foreign fund outflows. Leads from other Asian

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Sensex rises over 100 points on robust GDP data, strong rupee

The advanced about 106 points in early session today, maintaining its positive form for the second day following robust growth data for the March quarter.  Investors creating new positions at the beginning of the June futures and options (F&O) series also lifted the key indices. The 30-share index, which had rallied 416.27 points in the previous

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China PMI Data Flash

With both China’s Manufacturing and Servies PMI’s coming in above consensus it suggests manufacturing remains resilient and domestic growth is chugging along. And amid trade and tariff tensions, this should be interpreted positively. at least for the next 20 minutes !!. However, trade fears are up front and centre again following news that the Trump Administration