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Rupee is steady at its previous close of 52.6850-52.6950 as a steady euro prevents any gains in thepair while losses in domestic shares limit a major fall. The pair has moved in a band of 52.5550 to 52.73 sofar in the session. MCX tips| Commodity tips

Bharat Electronics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 29, 2012, to consider the unaudited standalone financial results for the quarter ended September 30, 2012 MCX tips| Commodity tips

Reliance Power (RPower) is currently trading at Rs. 103.65, up by 1.85 points or 1.82% from its previous closing of Rs. 101.80 on the BSE. MCX tips| Commodity tips

Central Bank of India is currently trading at Rs. 76.85, up by 1.25 points or 1.65% from its previous closing of Rs. 75.60 on the BSE. The scrip opened at Rs. 75.25 and has touched a high and low of Rs. 77.80 and Rs. 75.25 respectively. So far 2, 77,000 shares were traded on the counter. MCX...

Sintex Industries is currently trading at Rs. 74.75, up by 0.70 points or 0.95% from its previous closing of Rs. 74.05 on the BSE. The scrip opened at Rs. 75.00 and has touched a high and low of Rs. 75.60 and Rs. 73.75 respectively. So far 876620 shares were traded on the counter. The BSE...

PI Industries is currently trading at Rs. 540.00, up by 6.00 points or 1.12% from its previous closing of Rs. 534.00 on the BSE. The scrip opened at Rs. 539.95 and has touched a high and low of Rs. 540.00 and Rs. 531.00 respectively. The BSE group 'B' stock of face value Rs. 5 has touched a 52...

Syndicate Bank is currently trading at Rs. 114.85, up by 1.15 points or 1.01% from its previous closing of Rs. 113.70 on the BSE. The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 115.50 and Rs. 112.15 respectively. So far 60326 MCX tips| Commodity tips

ITC is currently trading at Rs. 280.30, up by 0.80 points or 0.29% from its previous closing of Rs. 279.50 on the BSE. The scrip opened at Rs. 278.30 and has touched a high and low of Rs. 280.70 and Rs. 278.05 respectively. So far 1, 21,000 shares were traded on the counter. MCX tips|...

Ranbaxy Laboratories’ (RLL) wholly owned subsidiary – Ranbaxy Pharmaceuticals Inc (RPI) has launched the authorized generic cevimeline hydrochloride 30 mg capsules in the US market, under an agreement with Daiichi Sankyo, Inc. MCX tips| Commodity tips

Sun Pharmaceutical Industries has received its board’s approval to raise up to Rs 8,000 crore. The company will raise the said fund through domestic or international offerings. MCX tips| Commodity tips

Hindustan Zinc’s (HZL), mined metal production in FY2013, as per the current year’s mine plan is expected to be slightly higher than the previous year, with production in H1 FY2013 marginally lower than that of last year, which will be more than made up in H2 FY2013. Accordingly, mined metal...

Karnataka Bank is a Mangalore-based, small-sized, old private sector bank which was set up in 1924. The bank had 506 branches and 379 ATMs as on June 30, 2012. Majority of the branch network is in the state of Karnataka. MCX tips| Commodity tips

Punjab National Bank (PNB), in a bid to disburse retail lending and cash on the festive fever has waived off the processing fee for housing, car and personal loans. The offer is valid from October 9, 2012 to November 30, 2012. The bank has also provided a series of relaxations and concessions in...

Neyveli Lignite Corporation (NLC) has entered into a joint venture agreement (JVA) with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL) on October 06, 2012 for setting up a 1,980 MW coal based thermal power project in Ghatampur Tehsil, Kanpur Nagar district at Uttar Pradesh. The company will...

Shares of DLF Monday fell by over 5 percent amid allegations of the company providing undue favours in its transactions with Robert Vadra -- although the charges have been vehemently denied by both the parties. After making weak opening, shares of DLF further lost 5.25 percent at Rs 229.05 on...

The 30-share BSE benchmark dropped 229.48 points or 1.21 percent to close at 18,708.98, weighed down by oil & gas, capital goods, technology, banking and auto stocks. Meanwhile, the 50-share NSE benchmark ended below the 5700 level for the first time in last six sessions; it was down 70.95...

The S&P 500 broke a four-day string of gains, ending slightly lower on Friday as an unexpected drop in the US unemployment rate was overshadowed by concerns about the coming earnings season, which begins with Alcoa next week. The Dow Jones industrial average rose 34.79 points, or 0.26 percent...

Emkay Global Financial Services plunged 10%, the maximum permissible limit, after the NSE disabled it from trading since the broking firm placed 59 erroneous orders that resulted in multiple trades with an aggregate value of over Rs 6.5 billion on behalf of an institutional client, which took...

Indian rupee appreciated further against the dollar and was trading near 6 month’s high on Friday, owing to big-ticket reforms approved by the Cabinet on Thursday. Government’s decision to increase diesel prices to set the fiscal house in order also boosted the sentiments and now investors are...

Indian equity benchmarks pared losses in afternoon trade following positive opening of European markets. France’s CAC, Germany’s DAX and Britain’s FTSE were up 0.3-0.5 percent after encouraging comments by ECB President Mario Draghi saying the bank is ready to buy bonds of troubled euro zone...