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Wipro slips 5% as Q2 $ rev growth underperforms peers

Wipro underperformed its peers in dollar revenue growth. TCS had reported 6.4 percent, Infosys 3.19 percent and HCL Technologies 1.9 percent growth in dollar revenue on sequential basis.

Mahurat trading: Nifty breaches 8000, Sensex firm on Diwali

The market starts auspicious Mahurat trading session with smart gains. It also marks the beginning of Samavat 2071. The Nifty opened at 8029 up 21 points while the Sensex is up 68.91 points at 26856.14.

Sensex falls over 150 pts, Nifty below 6300; IT, banks weak

The Indian rupee slipped in early trade against the dollar. The Indian rupee opened at 61.94 per dollar versus 61.74 on Friday.

Nifty ends at life closing high; midcaps shine in Diwali

Smallcap and Midcap indices shone in the short trading session with a gain of over 1 percent each. Among the midcap stocks, Indian Bank (up 15 percent), Amtek Auto (up 7.5 percent) and Sadhav Engineering (up 5 percent) were the big gainers.

Sensex gains in Mahurat trade, Bank Nifty up 1%; FMCG weak

Sanju Verma, group chief executive officer, Violet Arch feels the market is currently polarised between smart money and hot money. She believes that 6400 or 6500, at those levels the market will tire itself out and 6400 looks likely in near term.

Worst seems to be over, mkt may hit new highs: Ridham Desai

Analysts are approaching Samavat 2069 with lots of optimism. Ridham Desai, Managing Director of Morgan Stanley feels that the worst is over for the market now. He is positive that the market is likely to hit new highs by next Diwali.

Bullish on mkt; pick alcohol, media: Reliance MF

Sunil Singhania, Head-Equities at Reliance MF said things have been changing over the last few months and though, the conditions remain challenging there is a lot of optimism in the market. Therefore, he believes the year ahead is certainly going to be interesting and positive.

Money spinners: 40 Phataka stocks for a 'bomb'astic Diwali

The market is on fire and will surely be a cracker this Diwali as most analysts feel it is going to test 6000 by then. So, Moneycontrol.com gives you 40 hand picked phataka stocks to trade this Diwali and beckon the Lakshmi.

Star gazing: Daruwala sees Sensex at 20k in Apr-Sept FY13

Bejan Daruwala, Astrologer is upbeat on India. According to his crystal ball gazing India is likely to be right at the top soon.

Sensex loses 18% since Diwali 2010; FMCG outperforms

The 30-share BSE Sensex lost 17.69% in the Samavat 2068 from a year ago period while the Nifty too crashed 17.59%. The BSE Sensex was at around the 21,000 mark whereas the NSE Nifty was as high as 6,312 level on the first day of Samavat 2067.

Samavat 2068: Sensex trades with moderate gains

The BSE benchmark was trading with moderate gains on the day of Samavat 2068, supported by capital goods, FMCG and auto stocks. Heavyweights SBI and Bharti too were quite supportive.

Its Diwali time, grab stocks, you will gain: Ramesh Damani

The mood is euphoric as Indian market opens for a brief session of Mahurat trading. However, there are whispers that the ECB meeting announcement tonight might just spoil the Diwali mood. Despite the concerns in the global markets, some experts are hopeful on Indian market.