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BUDGET 2012
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SENSEX  25,991.23  -135.52
NIFTY  7,748.70  -41.75
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Banking & Finance
Allahabad Bank Q1 net profit tanks 73% but NII rises 23%
Net interest income, the difference between interest earned and interest expended, grew 22.7 percent to Rs 1,609.7 crore
UCO Bank Q1 profit up 2%, other income falls significantly
ICICI Bank to raise Rs 500 cr in bonds: Sources
Shriram Transport Q1 net down 14% to Rs 313cr
Edelweiss Q1 net up 41% on strong growth in credit income
Expect asset quality to improve going ahead: PNB
Indian Bank Q1 net falls 35% on lower other income; NPA up
STOCK RECOMMENDATION
Stock Advice
Reliance Capital may slip to Rs 540-550: Kunal Bothra
Shriram Transport may test Rs 936: Kunal Saraogi
Prefer Axis Bank, says Bhuvnesh Singh
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Broker Reports
Buy PNB; target of Rs 1156: ICICIdirect
Buy PNB; target of Rs 1160: Sharekhan
Buy PNB; target of Rs 1150: Dolat Capital
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Budget 2012
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