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Mumbai: Union Bank of India (UBI), Bank of India (BOI) and State Bank of India (SBI) have altered the rate of interest on FCNR (B) and NRE (rupee) depository terms w.e.f July 1, 2007.

This July, Indian Stock Markets are offering very nice return compared to other Emerging markets. We take a look at the activity of Hedge Funds and FIIs in India Stock Markets. The prices of Petrol, Diesel may be raised due to High Oil Prices.

Editior's Picks of the week.

Accentia Technologies went up 2.87% to Rs 114.75 in afternoon trading after signing accords to get hold of US-based G. S. R. Physicians Billing Service Inc. and GSR Systems Inc.

Pune: Yesterday, RBI Governor, Y V Reddy stated that the deceleration in inflation that dan

Technical Analyst, Ashwani Gujral is of the view that Reliance Energy can touch Rs 720.

Mr. Gujral said that Tata Power and Reliance Energy are the strongest options. Reliance Energy beyond Rs 580 is poised to go up to Rs 720 and for Tata Power, Rs 620 is a key level that should probably be headed in the direction of Rs 750-760.

“I think some rub off from the capital goods space, those electrical equipment stocks is now rubbing off even to the energy stocks,” He added.