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FMCG
stocks zoom 12% in July |
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Thanks to the good monsoons
and defensive buying by operators, select FMCG stocks have gained
up to 12 per cent during July. The top gainers during the period
July 2-17 include scrips like Hindustan Lever, Reckitt &
Benckise and ITC. |
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JPC
intervention in rogue trades sought |
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Brokers of the The Stock Exchange,
Mumbai have sought the Joint Parliamentary Committee’s intervention
in the case of suspension of two BSE brokers for punching of
ACC orders at unrealistic prices. |
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Block
deals make a comeback on SEs |
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Block deals in the stock market
seem to be coming back with a number of leading stocks — Hindustan
Lever, Bhel, NIIT, Nestle, HCL Tech — witnessing such deals
on Tuesday. |
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Volatility
dips as liquidity ebbs |
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The stock markets continued
to remain lacklustre with only a narrow movement in stock prices.
Initial volatility witnessed in the market after July 2 is also
fading out in the wake of low liquidity. |
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