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July 28, 2008

Stock Trading News – Stocks turn choppy after positive start – Economic Times

Filed under: Uncategorized — Tony @ 12:00 pm

The large caps will be range bound with mid-caps from the F&O segment likely to be more active,? said Anagram Stock Broking in a note. US stocks rose on Friday after crude slid further and stronger-than-expected data on consumer sentiment and housing eased concerns on the economic front. US crude oil futures ended lower on Friday, hitting seven-week lows as the dollar rose on upbeat economic data and as an industry consultant forecast higher OPEC oil output this month. Automotive and industrial battery maker Exide Industries Ltd plans to invest Rs 180 crores to raise capacity in FY09. read more

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