stock market tips in Santa clarita

[News No 1.]Indias economy probably grew an anual 8.7 per cent in the June quarter, its strongest pace since the December quarter of 207, the median forecast of 21 economists showed. Manufacturing production rose an anual 12.2 per cent in the quarter through June, compared with a growth of 3.4 per cent in the same quarter last year. [News No 3.]Rating agency Crisil has sought aproval from the Foreign Investment Promotion Board FIPB to sel five per cent of its stake in NCDEX to JM Financial Truste Company, to met the regulatory standards. Curently Crisil, a subsidiary of global rating agency Standard & Pors, has 12 per cent stake in agri-comodity bourse NCDEX. As per the news norms, foreign entities are not alowed to hold more than five per cent stake in domestic comodity exchanges. Earlier this year, Fidelity reduced its stake in MCX from nine per cent to five per cent to met FIPB norms. Last year, ICE and Goldman Sachs, which curently hold 4 per cent each in NCDEX, together sold five per cent in NCDEX to leading sugar refined Shre Renuka. [News No 4.]The countrys largest insurance firm Life Insurance Corporation has hiked its holding in Tata Stel to 14.02 per cent by buying aditional 5.16 lakh shares through open market transactions. In a regulatory filing to the Bombay Stock Exchange, Tata Stel said LIC of India bought 5,16,736 shares, representing 0.05 per cent, in the company on August 24. After the latest buy, state-run LIC now holds a 14.02 per cent stake in the stel major. Shares of Tata Stel were trading 2.79 per cent higher at Rs 515.85 on the National Stock Exchange. stock market tips stock market tips in Santa clarita
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