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| Bank stocks rise on merger talk |
21-NOV-09 |
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The stocks of domestic banks on Friday saw a spike of between 0.72 per cent and 13 per cent on reports that top state-run banks were warming up to the consolidation idea. |
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| Sebi may widen PMS scope |
21-NOV-09 |
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The Securities and Exchange Board of India (Sebi) is examining the possibility of allowing inclusion of currency and interest rate futures in portfolio management services (PMS). |
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| Gold, silver retreat from record highs |
20-NOV-09 |
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Both the precious metals, gold and silver retreated from its overnight record highs on the bullion here today due to reduced off-take from stockists and retailers at higher levels. |
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| ICEX gets 250 members |
20-NOV-09 |
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Indian Commodity Exchange Ltd (ICEX), which will go live soon, has enlisted 250 members. |
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| NCDEX launches platinum trading |
20-NOV-09 |
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The National Commodity & Derivatives Exchange (NCDEX) today launched futures trading in platinum to widen its presence in the metal segment. |
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| Investment through PNs rising again |
20-NOV-09 |
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The notional value of investments in the domestic stock market through participatory notes (PNs), the off-shore derivatives issued by foreign institutional investors (FIIs), rose from 15.5 per cent in August to 16.4 per cent and 16.5 per cent in September and October, respectively. |
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| Spice Finance plans to buy 15% in NMCE |
20-NOV-09 |
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The BK Modi group’s finance arm, Spice Finance, has proposed to buy a 15 per cent stake in Ahmedabad-based National-Multi Commodity Exchange (NMCE). |
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| Amrit Banaspati rises 20% |
20-NOV-09 |
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The stock gained 20 per cent upper limit of circuit filter closed at an all-time high of Rs 92.85 on hopes that the government might re-impose custom duty on edible oils. |
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