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from India Insight:

Markets this week: Coal India, ITC top Sensex losers

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The BSE Sensex lost 3 percent in the week ending Aug. 2, extending its losses from the previous week and marking its biggest weekly fall since mid-March.

Markets remained on the edge on uncertainty over how long the Reserve Bank of India (RBI) would continue measures to defend the rupee. The rupee fell 3.4 percent over the last five trading sessions and ended at a record closing low on Friday.

The central bank left the repo rate and cash reserve ratio unchanged at its policy review on July 30, but said it will roll back recent liquidity tightening measures when stability returns to the currency market.

Here are the top five losers and gainers:

LOSERS

Coal India: Shares in the state-owned firm ended the week down nearly 10 percent, taking its losses for the year to 28.3 percent. On Friday, the stock fell around 6 percent and hit an all-time low of 250.65 rupees during trade. The stock has now been down for three consecutive weeks.

from India Insight:

Tracking Sensex: top gainers, losers this week

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It was a good week for Indian shares as the BSE Sensex gained 1 percent to close at 20,149.85, after the index touched a near two-month high during trade on Friday. The rupee gained for the second week and ended at 59.35/36 after rising 0.3 percent.

Markets reacted negatively on Tuesday to the Reserve Bank's moves to tighten liquidity in the system in a bid to support the weak rupee. However, Prime Minister Manmohan Singh said on Friday that these steps may be temporary.

from India Insight:

Tracking Sensex: Top gainers, losers this week

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By Aditya Kalra and Ankush Arora

Indian shares started the month of July on a flattish note, with the BSE Sensex rising 0.5 percent in the week ending July 5 after climbing more than 3 percent the previous week.

However, a weak rupee continued to dampen sentiment as the unit ended the week below 60 to the dollar, adding to concerns about India’s current account deficit.

from 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.

from Money on the markets:

ITC shares jump 2.6 pct

Bombay Stock ExchangeShares in cigarette-to-hotel business chain ITC rose 2.6 percent on Wednesday to top the list of Sensex gainers on better earnings expectations.

The stock, which closed at 304.75 rupees, was among the big gainers on the BSE FMCG Index which topped the sectoral list with a rise of 1.9 percent.

from Money on the markets:

FMCG stocks outperform market

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INDIA-BUDGETThe BSE FMCG index gained over 3 percent on Friday and ended as the top sectoral performer, even as the markets closed just 21 points up.

All stocks in the index, except Marico, closed in the green, led by Dabur India which rose 5.8 percent and ITC which gained nearly 5 percent.

from Money on the markets:

100 stocks hit 52-week high on BSE

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graphsensexxThe Sensex closed at 15,670 on Friday, the highest since mid June 2008, while the Nifty index closed at tad below 4,650, a mark closely watched by market participants.

Optimism has swept investors around the globe with good corporate results raising hopes that the worst of the financial crisis might be over.

from Money on the markets:

Sensex pares early losses to climb 1.97 pct

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The Sensex closed nearly 2 percent higher after being down more than 3 percent in early trade.

The benchmark closed 207 points higher at 10,742.34, as short coverings and positive sentiments erased morning losses.

from Money on the markets:

Sensex bounces back, closes 1.47 pct higher

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MARKETS-SOUTHASIA-STOCKS/After a sharp drop yesterday, the Sensex managed to climb 1.47 percent, helped by strong Asian markets.

The benchmark also managed to post its first quarterly rise since December 2007.

from Money on the markets:

Sensex loses ground; Satyam jumps on renewed hopes

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The Sensex closed nearly 2 percent down on Monday as worries over the world economy hit investor sentiments.

The benchmark closed at 8160.4, dragged down by index heavyweights Reliance Industries (down 1.4 percent), ITC (down 4 percent) and Hindustan Unilever (down 3.3 percent).

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