Friday, January 8, 2010



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Trading indicates fresh declines in near future

Posted: 08 Jan 2010 01:10 AM PST

Both Nifty and Sensex on Thursday closed in the red on profit-booking and weak global markets. Automobiles, information technology, realty, healthcare and FMCG (fast moving consumer goods) stocks led the fall. The Nifty, as expected, moved in a narrow range, faced resistance above 5,300, ...

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Consumer confidence in India falls marginally: Survey

Posted: 08 Jan 2010 01:09 AM PST

Consumer confidence has fallen marginally in India (117 index points), but the country still retains the second spot behind the leader Hong Kong (93), a new Nielsen Global Consumer Confidence survey has stated. The confidence index is measured inversely — the higher the number, the lowe...

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