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FIIs are on a selling spree, leading to total foreign net outflows of about Rs 23,000cr in India during April
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In opening trades, Sensex was trading at 56,593 slumping 467 points or 0.82% and hit a low of 56,412.
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Sensex, which had touched a high of 57,975, tanked 1,073 points to hit a low of 56,902. It, however, closed at 57,060, slipping 460 points or 0.8%.
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Price band for the insurance giant has been fixed at Rs 902-949 per share. However, the company has announced a discount of Rs 45 for retail investors
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Sun Pharma, Tata Steel, M&M, Dr Reddy’s and IndusInd Bank were the top gainers on the Sensex surging upto 4.41%
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How much steam is still left in RIL. Will it continue to rise or is the party over?
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The government is planning to raise Rs 21,000 crore and is targetting a valuation of Rs 6 trillion. The issue is likely to close on May9.
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Sensex recouped the 57,500 to end at 57,521 surging 701 points or 1.23%. NSE benchmark Nifty 50 zoomed 206 points or 1.21% to settle at 17,245
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HUL, Sun Pharma, Asian Paints, Infosys and M&M were the top gainers on the Sensex rallying upto 2.5%.
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At close, Sensex was at 56,819, slumping 537 points or 0.94%. On the NSE, the Nifty50 plunged 164 points or 0.95% to 17,038 levels