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Bear market continues while Sensex heads 2000 - Sensex plunges by over 240 points in early trade
Media Release
Jun. 20, 2006

The Bombay Stock Exchange benchmark Sensex plunged by over 243 points in early trade on Tuesday following heavy selling by foreign funds. The 30-share index dropped by 243.88 points at 9,753.96 in the first five minutes of trading.

Similarly, the National Stock Exchange index Nifty lost 69 points at 2,845.75.

The major pullers were Reliance Industries, Infosys, Bajaj Auto, Grasim, HDFC, BHEL,Tata Consultancy, Larsen and Toubro, ONGC, ACC, Reliance Energy, Satyam Computers, Hero Honda and SBI.


BIZ/FINANCE ARTICLES

Bear market continues while Sensex heads 2000 - Sensex plunges by over 240 points in early trade
Media Release
The Bombay Stock Exchange benchmark Sensex plunged by over 243 points in early trade on Tuesday following heavy selling by foreign funds.
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Sensex picked up pace in the last 30 minutes in bear market rally to close 113 points higher at 9,997.84
Media Release
The Sensex closed up 113.33 points at 9,997.84.
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The Reliance Industries-Haryana State Industrial and Infrastructure Development Corporation joint venture Special Economic Zone is expected to create five lakh jobs and revenues up to Rs 10,000 crore
Media Release
The Reliance Industries-Haryana State Industrial and Infrastructure Development Corporation joint venture Special Economic Zone is expected to create five lakh jobs and revenues up to Rs 10,000 crore according to Haryana CM Bhupinder Singh Hooda.
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Bilateral trade between Thailand and India has continued to grow after the two countries began implementing the Thai-Indian Free Trade Area (FTA) Agreement
Media Release
Bilateral trade between Thailand and India has continued to grow after the two countries began implementing the Thai-Indian Free Trade Area (FTA) Agreement in September last year, according to a senior Commerce Ministry official.
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South Asia, particularly India, is set to become the next big home and destination for fairly-traded products
Media Release
South Asia, particularly India, is set to become the next big home and destination for fairly-traded products and the 'Fairtrade' brand.
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India and Pakistan will seek to register Basmati rice as a Geographical Indicator(GI) in the US and Europe
Media Release
India and Pakistan will seek to register Basmati rice as a 'Geographical Indicator'(GI) in the US and Europe
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Vijay Mallya-controlled UB Group is now looking to buyout the French brewer's wine company for US$15 million
Media Release
Over a fortnight after it opted out of the race to acquire Champagne Taittinger of France, Vijay Mallya-controlled UB Group is now looking to buyout the French brewer's wine company for US$15 million.
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Indian Customs, Excise and Service Tax Appellate Tribunal (CESTAT) rejects global pharma giant Merck' plea against slapping of anti-dumping duty
Media Release
In a major setback to global pharma giant Merck, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has rejected its plea against slapping of anti-dumping duty on import of 'mica pearl pigment'.
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