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Range bound trading continues
Support at 5,150, resistance at 5,300.

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Redemption in MF equity schemes peaks in October
Market volatility has hit equity schemes of domestic mutual funds. The category has seen the highest monthly redemption so far in the current financial year in October, with net outflow crossing Rs 2,100 crore.
International Business

Lanka wants to rope in RIL for oil exploration

The Sri Lankan government wants to rope in Mukesh Ambani-led Reliance Industries Ltd (RIL) for exploration of oil in the island nation. - Fertiliser ministry wants 43 mmscmd - RNRL seeks to join NTPC-RIL gas row - IOC mulls to source 1-mn tonnes of crude from RIL"s KG field - RIL gets HC approval for RPL merger - Anil Ambani group lashes again on RIL gas pricing - RIL margins to cost Rs 10k cr more on fert, power cos: RPower “... (we) are in talks with Reliance for petroleum exploration,” Sri Lankan Minister for Investment Promotion Navin Dissanayake told reporters at a CII function here today. He said he would be visiting Mumbai tomorrow to meet senior RIL officials. “We have identified couple of blocks exclusively for India,” Dissanayake said, adding that RIL has shown interest in the Sri Lankan oil fields.


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