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Analysts' corner
IDFC Reco price/date: Rs 116/May 21; Current/Target price: Rs 120.4/Rs 147 IDFC has delivered strong performance on growth and margin front. Expected monetary easing and reformatory steps by the government would be major catalysts in further improving the growth and profitability outlook. Healthy asset quality track record and prudent provisioning policy makes IDFC better placed compared to its peers

Sensex ends below 16,000; telecom stocks hit

The BSE Sensex and Nifty fell on Wednesday, closing at their lowest since January, as the rupee hit a new record low below the psychologically key 56 level, while global stocks continued to be routed

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Sensex ends 78 points down

Weak global markets and a sliding rupee rendered the mood bearish on the Indian bourses, took a toll of several front line stocks and pushed the benchmark indices Sensex and Nifty down to a negative

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Sensex falls on rupee; Bharti Airtel hit

The Sensex fell 0.5 percent on Wednesday, as the rupee dropped to a new record low for the sixth consecutive session. Bharti Airtel fell 4.42 percent, leading the decline in telecom stocks, ahead

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Indian shares fall on rupee; Bharti Airtel hit

Indian shares fell 0.6 percent on Wednesday, to close at their lowest since January 2012, as the rupee dropped to a new record low for the sixth consecutive session. Bharti Airtel fell 4.7 percent,

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Rupee woes hit Sensex

The market opened weak this morning, and despite staging a smart recovery past noon, faltered again and ended the day on a negative note.A sliding rupee, macro economic worries and weak global

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