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Bhushan Steel pares gains, ends flat
The stock pared all its gains and finally ended flat at Rs 1,341. The counter clocked volumes of 79,706 shares as compared to the two-week daily average traded volumes of 90,915 shares on the BSE.

Multiplexes want gap on films' release for DTH
Multiplexes may push for an embargo of up to two weeks on Bollywood producers releasing their films on Direct-to-Home (DTH) television platforms, after the films hit the theatres.

News of the day

Australia bags three new deals worth $70 bn to export gas to Asia
Australian Prime Minister Kevin Rudd has said that Canberra has bagged three new deals worth $70 billion to export gas to Asia.
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US markets ended on a positive note; Dow Jones up 1%

The Dow Jones industrial average advanced to its highest close in 14 months on Tuesday as a weak dollar boosted natural resource companies" shares and economic data reinforced hopes for a sustainable recovery. - Markets spurt on positive global cues; auto, pharma, metals lead - Dubai World in talks to recast $26 billion debt - Dow gains as Dubai debt woes eases - US markets close weak - US markets end in the positive - Bull run in commodities may continue The Dow Jones industrial average shot up 127 points (1.23%) to end at 10,471.58. The Nasdaq Composite Index advanced 31 points (1.46%) to close at 2,176. All the Indian ADRs ended on a positive note. Tata Motors zoomed 11% to $15.9. Sterlite soared 4% to $19.07 and Genpact zoomed 3.5% to $13.45, respectively. MTNL and Dr Reddy"s advanced over 3% each to $.35 and $24.98, respectively. Wipro and Mahindra Satyam added over 2% each at $20.47 and $4.4, respectively.


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