Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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MARKET EYE-India's Motherson shares gain on earnings, stake sale
* Shares in India's Motherson Sumi Systems Ltd gain 5.15 percent, a day after posting a recovery in earnings and ahead of a planned stake sale that traders say could happen at a premium. * The auto parts maker said on Tuesday it would issue 4.4 million shares to institutional investors, on the same day when it reported swinging to a net profit from a net loss a year ago, and posting a 74 percent surge in sales. * "We take comfort in the management's good track record," UBS said in a note on Tuesday, noting factors such as improved productivity and higher utilisation ratios would lead to further gains in the shares. (manoj.dharra@thomsonreuters.com; manoj.dharra.thomsonreuters.com@reuters.net)
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