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The company's re-constituted board of directors also executed a Business Transfer Agreement and hived-off its Auto Business to Plastauto Private Limited for Rs 110 crore. ....
Market Movers: Why oil explorers gained; 83 stocks send sell signals indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Explore Now NEW DELHI: Domestic benchmark equity indices continued to trade in the negative for the second day today led by selling in financials and pharma counters amid mixed domestic and global cues. FII buying has been the mainstay of the current rally, pushing it to record highs. Better than expected Q3 numbers so far has also helped the sentiments. However, analysts believe the market is likely to consolidate now. This has been a buy on dips market for months now. Sustained FII buying has been the main catalyst behind this strategy. Of late, better than expected corporate results have been supporting this strategy. Nothing warrants a change in this strategy now. But the market is likely to move into a consolidation phase for the short-term since the big news regarding the US presidency is behind us and the milestone of 50,000 Sensex was reached, said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. ....