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Sensex opens weak on global cues
The Sensex opened at 16,339 and then slipped to a low of 16,182 on weak global cues. The index is now at 16,233, down 129 points and the NSE Nifty is at 54,847, down 35 points.

Markets open in the green
The Indian markets have opened in the green on the back of positive global cues. The Sensex is quoting at 17,134, higher by 33 points and the Nifty is up 4 points at 5113.

News of the day

Altis ego
I am planning to buy a car, which most probably will end up with my father. My budget is in the range of Rs 10-13 lakh. Which one would you suggest — the Honda Civic or the Toyota Corolla Altis? He normally prefers a petrol, but if you think the new Chevrolet Cruze is much better than the rest, then I can convince him for the diesel also. I am also looking at a used, last generation 2007 Audi A4 diesel. It is working out to be more expensive even in terms of finance. What will you suggest?
International Business

Sensex gains 186pts on F&O expiry

After yesterday"s massive 520 points rally, the Sensex today opened on a flat note. It slipped into the negative zone for a while and touched a low of 14,078. - JSW Steel gains 6% on fund raising plan - India Infoline allots ESOS; stock slips 2.5% - L&T adds 2% on good Q4 numbers - Britannia falls 3% on dip in FY09 net - Sensex ends 147pts higher at 14,256 - Sensex near day"s high; up 255pts However, it rebounded into the positive and continued to move sideways, as investors covered short positions on expiry of derivatives segments. The index surged to a high of 14,377 on some buying in the metal, realty and the banking stocks. The Sensex finally ended 186 points higher at 14,296. Metal index added 3% at 10,550. Bankex and Realty were up 2% each at 8,163 and 3,577, respectively. The market breadth was positive, out of 2,812 shares traded, 1,736 advanced, 1,022 declined and 54 were unchanged today. INDEX MOVERS... Ranbaxy soared 4.2% to Rs 273. Sterlite and Bharti Airtel added over 3.5% each at Rs 612 and Rs 795, respectively. NTPC, Tata Steel, ICICI Bank,Tata Steel and Maruti gained over 2.5% each at Rs 207, Rs 384, Rs 729, Rs 384 and Rs 998, respectively. Larsen &Toubro, TCS, Mahindra & Mahindra, SBI, ONGC and HDFC Bank were up over 2% each at Rs 1,342, Rs 660, Rs 634, Rs 1,829, Rs 1,131 and Rs 1,436, respectively. BHEL, DLF, ACC and Reliance aaded 1-2% each. ...AND THE SHAKERS Tata Motors dropped 3% to Rs 332. Grasim and Wipro slipped 2.5% each to Rs 2,184 and Rs 364, respectively. Reliance Infrastructure and Reliance Communication were the other losers. OTHER PROMINENT GAINERS... Indiabulls Real Estate zoomed 10% to Rs 225. NMDC ,Allahabad Bank, Century Textiles, Rei Agro, GTL Infrastructure ,Steel Authority of India, JSW Steel, Bharat Forge, LIC Housing Finance, Godrej, Great Eastern Shipping Company, Marico, Jai Corp gained 6-10% each. ...AND THE LOSERS Biacon and Glenmark Pharma slipped over 5% to Rs 183 and Rs 234, respectively. Mangalore Refinery & Petrochemicals, Pantaloons Retail, Rashtriya Chemicals & Fertilizers, Tech Mahindra, MTNL, Bharat Electronics , Opto Circuit, Corporation Bank and Gujarat Mineral Development Corporation declined 3-5% each. VALUE & VOLUME TOPPERS Reliance Capital topped the value chart with a turnover of Rs 336.47 crore. It was followed by Reliance (Rs 227.79 crore), DLF (Rs 220.73 crore), ICICI Bank (Rs 218.54 crore) and Indiabulls Real Estate(Rs 212.55 crore). The volume chart was led by Cals Refineries with over 162.27 million shares traded, followed by Ispat (121.25 million), KS Oils ( 18.35 million), Alok Industries (17 million) and Unitech (16.4 million).


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