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  News Details
Good News
 
Bhagwati Auto Reports Good Results
 
No. of Trading Holidays comes down to 11
 
Gems and Jewellery Exports Rise 55%
 
Citibank Repays USD 20 bn to US Govt
 
November Core Sectors Growth Impressive
 
 
Bad News
 
Nifty May at Discount
   
3G Bids will Hurt Telcos
   
Political Instability is a worry
   
Inflation may Cross double digits by March
   
FII Investment in December may not cross October figure
   
 
  Market Recovers Late on Friday
 
  The Indian market opened weak on last day of the week , but in closing stages, there was a spurt in prices of a few pivotals-mainly in financial and infrastructure sectors. As we write this, the Nifty and the Sensex are trading 1.5 per cent higher than the previous closing, and more than 3 per cent higher than the day's lows. It appears that the local institutions have now started bargain hunting in right earnest, and if that is true, the market may see some more volatility but also a sharp spurt as short positions get covered. 
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