September 20, 2007

Special Report

Fed party at D-Street
  • An important psychological boost by crossing 16000 level
  • Fed cut to bring more business to IT & BPO but they will find it difficult to negotiate higher billing rates
  • As per provisional data, foreign funds bought stocks worth Rs 2,457 crore at the net level on Wednesday while local mutual funds were net sellers to the tune of Rs 328 crore.

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