Tuesday, December 4, 2007

The market looks range bound. Sensex is at 19,592, down 11 points and Nifty is at 5865, trading flat from the previous close. The BSE Midcaps Index continues to trade strong, up 1.4% and BSE Smallcaps Index is also up 1.6%. The market breath is strong with advances at 865 against declines of 325.

The market to remain robust in December and IPOs fuelling domestic demand, says Anand Tandon of Gryffon Investment Advisors, on CNBC TV18.

Pearl Global signs agreement with DLF Retail, says Deepak Seth, MD of the company, on NDTV Profit. DLF to commercially develop the 9.2 acres new project on NH8 in Gurgaon, he adds. Pearl Global is trading at Rs 99, up 19.3% on the BSE.

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