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Domestic
demand will drive India, Australia, China Korea: Merrill Lynch |
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India is expected to navigate
through the ongoing slump along with Australia, China and Korea
on the back of broad macroeconomic domestic demand stories,
relative isolation from exports. Fiscal stimulus, coupled with
monetary easing will help these countries to grow in the next
few quarters, said a study. |
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Sebi
group on dematerialisation to take up cost reduction for investors |
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The Securities and Exchange
Board of India’s working group on dematerialisation is scheduled
to meet on Wednesday to discuss various issues concerning investors,
depository participants and depositories. |
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Profit
booking, low FII buying take toll; Sensex down 49 pts to 3231-mark |
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Profit-booking by speculators
and select domestic funds in old economy and select defensive
stocks snapped a three-day strong rally, pushing the market
down by 95 points from the day’s high, as market players termed
Tuesday’s losses as a logical and expected correction after
over 200 points rose in the last three successive days. |
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CSE
board meeting on Nov 30 to fix AGM date |
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The board of directors of
Calcutta Stock Exchange will meet on November 30 to finalise
the date for convening the Annual General Meeting for 2000-2001. |
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