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Saturday, December 25, 2004
Market Term - Arbitrage
Is simultaneous trading in a security or a commodity, in different markets, to profit from price differences. For example, an arbitrageur may find that the share of Infosys is trading at a lower price, at the Bangalore Stock Exchange compared to the Bombay Stock Exchange. So, he may simultaneously purchase Infosys stock in Bangalore and sell it at Bombay at a higher price.
More details on Arbitrage at Wikipedia
Deadpresident's Tradepicks
Buy Bank of Rajasthan - CMP - Rs 69. Initial target is 85. Has been going up on news of stake sale to FIIs
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