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Indian ADRs ended lower on Friday.

In the Banking space

ICICI Bank was down 1.97% at USD 42.21 and HDFC Bank was down 1.38% at USD 38.58. In the Telecom space, Tata Communication was down 3.96% at USD 8.25

In the IT space

Wipro was down 1.2% at USD 9.92 while Infosys was up 0.62% at USD 53.59.

In the other space

Sterlite was up 0.55% at USD 7.37, Dr Reddys was down 0.39% at USD 33.35 and Tata Motors was down 1.12% at USD 27.36.
 
Epic Update : Petrol prices cut by Rs 2/litre

Petrol price is cut by Rs 2 per litre with effect from midnight today across four metros, following a decline in international crude oil prices, however there is no change in diesel price, Indian Oil Corporation said while announcing the price revision today.
 
WEEKLY EQUITY NEWSLETTER 18TH MARCH 2013

Securities and Exchange Board of India (SEBI) today appealed to Supreme Court for detention of Sahara Group chairman Subrata Roy after two companies of the group failed to comply with apex court’s order to refund Rs 24,000 crore to its investors. CNBC-TV18′s Payaswini Upadhyay reports. SEBI has also asked the Supreme Court to detain passport of Roy and other Sahara group director

Ø India to have 225 billionaires by 2022, says report

India, which is at the fifth spot in global ranking with 122 dollar-billionaires in 2012, is likely to see a whopping 84 percent growth in this number with 225 billionaires by

2022, real estate consultancy Knight Frank has said in a report.Asia’s third-largest economy, with 122 dollar- billionaires last year, is expected to see an 84 percent rise in this number to 225 by 2022, according to the firm’s `Wealth Report 2013′ released here today

Ø Wipro’s promoter entity sells shares worth Rs 3,269 cr

A promoter entity of Wipro Ltd today offloaded over seven crore shares of the IT company to two other promoters in transactions worth Rs 3269.57 crore.As per the block deal data available with the stock exchanges, Hasham Traders sold 7.43 crore shares of Azim Premji-led Wipro, which were purchased by two other promoter entities - Prazim Traders and ZashTraders.
 
Stock TipsChana futures up on pick-up in demand

Chana prices rose by Rs 9 to Rs 3,395 per quintal in futures trade mostly supported by rising demand in the spot markets. However, expectations of higher output and rising arrivals from the new season crop in the physical market restricted the gains. At the National Commodity Derivatives Exchange, chana for delivery in April rose by Rs 9, or 0.27 per cent, to Rs 3,395 per quintal, with an open interest of 73,590 lots.
 
Turmeric retreats from high; jeera up on exports

Turmeric futures retreated from a contract high to trade down as mounting stocks and supplies from the new season crop offset concerns over lower output. National Commodity and Derivatives Exchange (NCDEX) has imposed a 10 per cent special margin on long-side turmeric contracts effective Mar. 14. At 0900 GMT.
 
Re: India has become a bottom-up market

Epic Update : Indian ADRs

Indian ADRs ended lower on Friday.

In the Banking space

ICICI Bank was down 1.97%u0025 at USD 42.21 and HDFC Bank was down 1.38% at USD 38.58. In the Telecom space, Tata Communication was down 3.96% at USD 8.25

In the IT space

Wipro was down 1.2% at USD 9.92 while Infosys was up 0.62% at USD 53.59.

In the other space

Sterlite was up 0.55% at USD 7.37, Dr Reddys was down 0.39% at USD 33.35 and Tata Motors was down 1.12% at USD 27.36.
 
Re: Today Commodity Market Tips Free Trial on Mobile

DAILY SOYABEAN CHART


OPEN: 3476
HIGH: 3512
LOW: 3476
CLOSE: 3503
%u2022 SOYABEAN LOOKS UPWARD
%u2022 TREND: BULLISH
%u2022 STRATEGY: BUY ON DIPS
 
Re: What is the Stock Market?

WEEKLY EQUITY NEWSLETTER 18TH MARCH 2013

Securities and Exchange Board of India (SEBI) today appealed to Supreme Court for detention of Sahara Group chairman Subrata Roy after two companies of the group failed to comply with apex court%u2019s order to refund Rs 24,000 crore to its investors. CNBC-TV18%u2032s Payaswini Upadhyay reports. SEBI has also asked the Supreme Court to detain passport of Roy and other Sahara group director

%u00D8 India to have 225 billionaires by 2022, says report

India, which is at the fifth spot in global ranking with 122 dollar-billionaires in 2012, is likely to see a whopping 84 percent growth in this number with 225 billionaires by

2022, real estate consultancy Knight Frank has said in a report.Asia%u2019s third-largest economy, with 122 dollar- billionaires last year, is expected to see an 84 percent rise in this number to 225 by 2022, according to the firm%u2019s `Wealth Report 2013%u2032 released here today

%u00D8 Wipro%u2019s promoter entity sells shares worth Rs 3,269 cr

A promoter entity of Wipro Ltd today offloaded over seven crore shares of the IT company to two other promoters in transactions worth Rs 3269.57 crore.As per the block deal data available with the stock exchanges, Hasham Traders sold 7.43 crore shares of Azim Premji-led Wipro, which were purchased by two other promoter entities - Prazim Traders and ZashTraders.
 
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