Deputy Editor, India Online, New Delhi
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Oct 12, 2010
via Money on the markets

BSE Realty index slips

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It was a tough day for investors in realty stocks, as the sectoral index slipped 1.8 percent and ended as the top loser among indices.

Anant Raj Industries led the losers, ending down 3 percent. Top listed firms like Unitech and DLF followed, slipping 2.5 and 2 percent respectively.

Oct 4, 2010
via Money on the markets

SKS Microfinance shares fall

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Shares in lender SKS Microfinance fell nearly 9 percent in trade on Monday after the firm said it had terminated the appointment of its chief executive.

The stock ended 5.8 percent lower.

SKS, India’s largest microlender that raised about $358 million in an IPO in August, said in a notice it had withdrawn all powers granted to Suresh Gurumani, MD and CEO, with immediate effect, without giving any reason.

Sep 29, 2010
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Mahindra Satyam posts FY09, FY10 results

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Mahindra Satyam on Wednesday reported net losses for FY2009 & FY2010, giving the first view of its financial state almost 2 years after it was hit by India’s biggest corporate fraud.

Shares in Satyam ended just 0.1 percent higher at 98.9 rupees ahead of results announcement.

Sep 28, 2010
via Money on the markets

BSE Power Index gains

Power stocks posted decent gains on Tuesday, sending the power index up 1.15 percent to the top of the sectoral gainers list.

ABB shares topped the index, closing 4.6 percent higher, followed by Siemens which gained 3.7 percent.

Sep 24, 2010
via Money on the markets

Realty stocks rise

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The BSE Realty Index gained 2.7 percent on Friday and ended as the top sectoral gainer, with stocks such as DLF and Unitech posting smart gains.

DLF, India’s top listed firm, ended 5.2 percent higher at 365.65 rupees, while Unitech gained 3.14 percent. Sobha Developers topped the index with gains of 6.5 percent.

Sep 23, 2010
via Money on the markets

Banking stocks fall

Bank stocks corrected on Thursday and the banking index ended down 1.2 percent, as the overall market slipped on profit booking.

SBI and ICICI Bank closed down 0.2 percent and 2.3 percent respectively. HDFC Bank and mortgage lender Housing Development Finance lost 0.6 percent.

Sep 22, 2010
via Money on the markets

Shares in Maruti jump

Shares in automobile companies rose on Wednesday on hopes of buoyant demand during the September-to-December festive season.

Top car maker Maruti Suzuki rose 3.6 percent after Bank of America-Merrill Lynch upgraded it to buy from underperform.

Sep 20, 2010
via Money on the markets

FMCG index up, ITC surges

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The BSE FMCG Index closed 3.5 percent higher on Monday and topped the list of sectoral gainers with stocks such as ITC and Colgate posting smart gains.

ITC touched an intra-day high of 5.9 percent, its highest level in at least 20 years, helped by robust domestic consumption. The share closed 4.9 percent up.

Sep 13, 2010
via Money on the markets

Realty stocks gain in strong Mumbai market

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The BSE Realty Index gained 2.5 percent on Monday, with Unitech and DLF posting good gains in a broader market that closed over 400 points up on strong factory data and global cues.

Unitech was the top gainer in the index, rising 3.5 percent to 84.8 rupees, followed by DLF which gained 3.4 percent.

Sep 9, 2010
via Money on the markets

Bank stocks post healthy gains

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It was a good trading session for banking counters, with the BSE banking index gaining more than 2 percent and ending as the top sectoral gainer, as fund managers bet the sector would benefit from a booming domestic economy.

Shares in Bank of India gained 5.4 percent to end as the top Bankex gainer, followed by IDBI which gained 4.3 percent.

    • About Aditya

      "Aditya drives content strategy for the Reuters.com India edition. As deputy editor of the news desk, he jointly oversees the 10-member team in New Delhi that delivers real-time news to Reuters media clients, web audiences and social media networks. Aditya joined Reuters in July 2008 and is now closely involved in developing the website’s India Insight platform, where he writes and edits stories on topics ranging from business and politics to stocks and mutual funds. Follow him on Twitter @adityayk"
      Joined Reuters:
      July 2008
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