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Sensex falls; Reliance Industries hit ahead of earnings
Jul 20th, 2012
Reuters Market Eye - The Sensex falls 0.24 percent, while the Nifty loses 0.27 percent. Falls track flat to weaker regional shares, with the MSCI Asia-Pacific excluding Japan index flat on the day. Reliance Industries falls 0.7 percent ahead of its April-June quarter earnings after the markets close. Maruti Suzuki gains 1.4 percent after dropping 8.9 percent on Thursday, in what was its biggest daily fall since July 2010 after shutting production at a factory in Manesar following a deadly riot. (Source: Reuters) -
Reuters Market Eye - The BSE Sensex risks of some consolidation after indexes ended at their highest close since November 2010 on Friday. Earnings will be key, with Coal India Ltd , State Bank of India Ltd and Jet Airways Ltd set to report next week. Investors will also be eyeing whether strong foreign buying continues. Overseas investors were net ... [Full Article]
LOS ANGELES (AP) - "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. (Source: Associated Press)... [Full Article]
ALGIERS (Reuters) - The value of Algeria's oil and gas exports, which account for about 97 of total sales abroad, fell by 9 percent in the first four months of this year compared to the same period in 2012 due to lower global crude prices, official figures showed on Monday. That pushed the OPEC member north African country's trade surplus... [Full Article]