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Markets close day in red. Pipavav Shipyard opens for trade

The markets closed the last trading day of the week in red. The BSE closed at 16642.66 down by 200.88 while NSE closed at 4945.20 down by 57.05. Top NSE gainers include Bharti Airtel, ONGC, GAIL, Ambuja Cements and Reliance Comm while the losers pack is lead by Tata Motors, Ranbaxy Labs, Sterlite Ind, PNB and ABB. Earlier in the day Infosys Q2 results are announced. The numbers have beat street expectations but the management says there is a concerned over weak dollar. Pipavav Shipyard opened for trade today. Speaking at the listing of the script, the management said it will bid for defence, oil and gas projects. Tata Motors has announced it has raised $750mn via GDRs and bonds.

Friday, October 09, 2009 16:27 IST

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Markets open positive; Infosys announces positive quarterly results

The Indian Stock Markets opened positive this morning but soon slipped into the red marginally. Infosys earlier has announced its Q2 number which the markets took as positive. The telecom stocks which are downward rated in the past two trading sessions has a bounce back. Bharti, Idea and Reliance Communications are all trading positive.
Top gainers in the early trade are Bharti Airtel, TCS, Idea, HCL Tech, Reliance Communications, ABB, Infosys, Cipla, Wipro and Siemens. On the negative side are Tata Motors, ITC, ICICI Bank, Hero Honda, Tata Communications, M&M, Reliance Infra, BPCL, HDFC and HDFC Bank.
Pipavav Shipyard listed today at Rs 61.10 on the NSE.
Friday, October 09, 2009 10:13 AM

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