Markets Weekahead
Too good to last much longer
The markets have run up too fast too soon to sustain without a healthy correction. In the near term, global markets cues, FII activities and rupee movement remain the key, writes Ambareesh Baliga. Full Article
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India Hot Stocks: Aviation, hotels down after Mumbai attacks
MUMBAI |
MUMBAI Nov 28 (Reuters) - The following stocks were on the move at the BSE on Friday.
At 10:11 a.m., the benchmark 30-share BSE index .BSESN was down 0.67 percent at 8,966.58 points.
The 50-share National Stock Exchange Index .NSEI was down 0.79 percent at 2,730.55 points.
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* Aviation stocks have fallen sharply following attacks in India's financial capital.
Kingfisher Airlines (KING.BO) fell 6 percent to 27.40 rupees, Jet Airways (JET.BO) down 5.7 percent at 130 rupees and SpiceJet down 2.8 percent at 12.51 rupess.
(10:10 a.m.)
(sowmya.kamath@thomsonreuters.com)
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* Hotel operators EIH Ltd (EIHO.BO) and Indian Hotels Ltd. (IHTL.BO) fell as much as 10-14 percent when trading resumed following a day's halt after a terrorist attack at their south Mumbai properties.
(10:09 a.m.)
(jasudha.kirpalani@thomsonreuters.com) ----------------------------------------------------
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