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Weaker yen sends Tokyo stocks up


Tokyo - Tokyo stocks rose in morning trading Monday as the yen weakened and investors went bargain hunting.

The Nikkei 225 Stock Average climbed 99.9 points, or 0.97 per cent, to 10,382.89.


The broader-based Topix index also rose 11.26 points, or 1.25 per cent, to 913.29.


On currency markets at 9 am (0000 GMT), the dollar traded at 92.11-13 yen, up from Friday's 5 pm quote of 91.80-83 yen.


The euro traded at 1.4993-97 dollars, down from 1.5024-27 dollars in late trading Friday, and at 138.12-14 yen, up from 137.95-99 yen.

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Sensex, Nifty Slip Into The Red; M&M, RCom Decline


The Sensex trimmed some of its gains due to profit booking and the negative opening of the European markets.


Realty, IT and metal stocks showed some resistance, while oil & gas, capital goods and power stocks were seeing selling pressure.


BSE Midcap and Smallcap index rose 0.01 per cent and 0.05 per cent respectively.


At 1:51 pm, Bombay Stock Exchange's Sensex lost 63.26 points at 17262.75 after touching a low of 17205.38 and high of 17457.26.


On the other hand, National Stock Exchange's Nifty stood at 5121.55, down 20.25 points. The index touched a low of 5105.05 and high of 5181.95.

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Intraday Buy Call For Jindal Saw


Stock market analysts have maintained 'buy' rating on Jindal Saw with an intraday target of Rs 810.

According to them, interested traders can purchase the stock above Rs 800 with a strict stop loss of Rs 792. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 821.

Shares of the company, on Saturday (Oct 17), closed at Rs 797.90 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 88.70 and 9.04 respectively. The share price has seen a 52-week high of Rs 803.70 and a low of Rs 135 on BSE.

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Sensex Ends Flat On Profit Booking


The Sensex ended the week on a flat note after losing almost all intraday gains on Friday.


FMCG, healthcare and IT stocks remained the major gainers of the day, while oil & gas and capital goods witnessed heavy profit booking.

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Tata Consultancy Service Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com


TCS is a part of one of Asia's largest conglomerates "TATA Group", which is having presence in Energy, Automobiles, Telecommunications, Financial Services, Chemicals, Engineering and Materials etc. Company has presence in 34 countries across 5 continents and seven of the Fortune Top 10 companies are in its valued customers list. Company has launched its most integrated business accounting software "Personal Accountant" in Guwahati in 2000. Company has emerged as Asia's largest software and Services Company launched its computer security consultancy practice.

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Banks drive sensex to 17-month closing high


Mumbai, Oct. 16 : Banking stocks drove the Bombay Stock Exchange (BSE) sensex up by 0.74 percent to its highest close in 17 months despite witnessing a slide in metals maker Sterlite Industries after it sold debt checked the gains on Friday.


Sentiment was also upbeat as optimism about quarterly earnings of companies lifted world stocks towards highs last seen before the collapse of Lehman Brothers.

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Hindustan Unilever Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com


Hindustan Unilever Ltd. country's leading fast moving consumer goods company and amongst those enjoying the largest branded market coverage, is a 51% subsidiary of Unilever Plc, UK. In 2000 Company launched the International Lux Skincare range, "Sunscreen Formula". In this year only HUL acquires Modern Foods, the first public sector company to be divested by the Government of India. For "Clinic All Clear" on the Net, Hindustan Unilever has launched a host of Web Promotions on popular Websites that include Rediff. com, Sify. com, Indya. com, Uthplanet. com, Hungama. com and C2W. com.

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Sensex opens higher, up 85 points in early trade


Mumbai, Oct 12 - A key Indian equities market index opened in the green Monday and within five minutes had moved up 85 points higher than its previous close.


The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,687.32 points and, five minutes into trade, was at 16,728.4 points, 85.74 points or 0.52 percent higher than its previous close at 16,642.66 points.


The S&P CNX Nifty of the National Stock Exchange (NSE) was also in the positive terrain at 4,963.35 points, up 0.37 percent from its last

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Sensex Closes Week On A Flat Note


The 30-share index BSE Sensex closed the volatile session on a flat note on Thursday.


Buying was seen across Teck, IT and banking shares, whereas healthcare, auto and consumer durables remained under heavy pressure.


The index belled the day positively after gaining 59.36 points at 17,186.20 following subdued worldwide signals. Later, it lost its sheen amid volatility on account of passive indications from global markets prior to long week end. At last it marked its closure on a flat note, sustaining 17,000 mark.


The BSE Midcap index declined 0.35% while Smallcap index dropped 0.04%.

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Bulls on rampage again


Mushrooming inflows from foreign institutional investors (FIIs) and a strong results expectation for the second quarter helped the Sensex to continue on the upswing as it breached the 17,000 mark after 16 months on Wednesday.


The Sensex rose 1.6 per cent or 274 points to close at 17,127, while the more broadbased NSE Nifty rose 1.5 per cent or 77 points to close at 5,084.


Riding the momentum, the initial public offering (IPO) of Oil India Ltd saw a strong listing after a dismal performance of other high-profile IPOs such as NHPC and Adani Power.

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Wall Street retreats on manufacturing, labour reports


New York - US stocks tumbled Thursday after a higher-than- expected weekly unemployment report and a drop in a key gauge of manufacturing.


The benchmark indexes opened lower following a report that the number of Americans filing first-time claims for unemployment benefits increased by 17,000 to 551,000 last week.


The retreat continued after the Institute for Supply Management said its manufacturing index - a private barometer of business activity - dropped to 52.6 in September from 52.9 in August.

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Tokyo stocks fall 2.4 per cent in morning trading


Tokyo - Japanese stocks slumped in Friday morning trading as the yen further strengthened against the dollar.

The Nikkei 225 Stock Average lost 245.22 points, or 2.46 per cent, to stand at 9,733.42.


The broader-based Topix index also fell 22.66 points, or 2.53 per cent, to 873.46.


A stronger yen negatively affects the competitiveness of Japanese exporters overseas.

On currency markets at 9 am (0000 GMT), the dollar traded at 89.52-55 yen, down from 89.97-99 yen in late trading Thursday.

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Truncated week sees Sensex cross 17,000 points


New Delhi, Oct 2 In a truncated trading week, the benchmark index of Indian equities markets crossed the 17,000-mark for the first time in 16 months.


In a truncated trading week, due to two public holidays Monday and Friday, the 30-share sensitive index (Sensex) ended 441.55 points, or 2.65 percent higher, at 17,134.55 points at weekly close Thursday, as opposed to the previous week's close at 16,693 points.


The Sensex rose consecutively Tuesday and Wednesday, and managed to hold on to the gains Thursday.

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