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Buying in infotech, cement stocks limits Sensex fall

Thanks to the recovery in the infotech stocks and select scrips, the market recovered some of its early losses on Tuesday. Profit booking by the operators earlier in the day saw the Mumbai Stock Exchange (BSE)'s benchmark senstive index falling to a low of 4561 level.

HCL Tech charts M&Aplans ahead of IPO

HCL Technologies has finalised an M&A strategy that will help the company grow aggressively. Ahead of its public issue, the company's board is learnt to have approved an M&A strategy which seeks to consider targets with annual revenues in the range of $ 20 million to $ 200 million.

ISE plans to introduce modified badla trading

The Inter-connected Stock Exchange of India (ISE) is mulling introduction of the modified carry forward system of trading to increase liquidity in the exchange, according to a top ISE official.

Visesh Infosystems' IPO to open on Nov 24

Bangalore-based Visesh Infosystems will hit the capital market on November 29 with an initial public offerings (IPO) of Rs 13.67 crore. The company is issueing 27.75 lakh equity shares at a price of Rs 50 per share. The public issue is to fund its future expansion plans and acquisitions.