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Evening News Round-up 6-Jun:

Evening News Round-up 6-Jun:

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*Nifty may sniff 8000 pre-Budget, then sell off: Geosphere

*Market likely to rise 20% more by Mar: Blackrock’s Nagnath

*See sizeable pre-budget rally; stay away from gold for now: Udayan

*Bull market may last for 5 years; harvest PSUs: IIFL’s Nirmal Jain

*Amtek Auto hits 6-year high; Nomura says buy, target Rs 416

*Rupee best performing EM currency, but rally over: Poll

*40 Lankan ex-LTTE members may get employed in Singapore firm

*GM launches Spark limited edition priced up to Rs 3.99 lakh

*Amway seeks Modi govt’s help to release India head Pinckney

*Volvo-Eicher bullish on UP truck market

*Narayan Rane convenes meeting of his supporters, may stage a rebellion

*SC extends stay on Jayalalithaa’s trial till June 16

*Coal Ministry says will take all mines related cases against govt to SC

*Jignesh Shah’s bail plea hearing adjourned to 10 June

*Sebi widens probe into investment scams via SMS, WhatsApp

*Sugar prices may rise 10% on import duty hike: Renuka

*ONGC at record high, up 9.5% on natural gas price hike hope

*Sugar stocks rally 5-17% on hopes of import tax hike

*Price hikes more in 10% range than 30%, say cement cos

*J&K Bank gains on 5% stake sale in PNB MetLife

*Videocon gains on collaboration with Huawei

*Factorial says Sebi’s insider trading allegations are “without merit”

*Steel consumption grows by 0.5% in Apr-May

*Tamil Nadu to add 1000 MW of wind energy

*SpiceJet management ends Bain & Co’s contract, warns staff against leaking email

*Government initiates Hindustan Zinc valuation process

*Schneider Electric Infrastructure says will remain focused on India

*Andhra govt’s farm loan waiver plan negative for banks: SBI

*Tea prices set to climb as poor weather hurting output

*One-time LPG price hike won’t go down well: Ex-ONGC chief

*Divis Laboratories: Inspection of Unit-II by US-FDA

*Sensex, Nifty end at record closing highs; Oil & Gas, Realty gain 5%

*Jaitley to meet state finance ministers on Monday 

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