Gold climbs to new high of Rs 23,175/10 gram, silver slips

	Dated:April 30,2011

Market Round-up SENSEX 19135.96 -156.06 NIFTY 5749.50 -35.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Surya Roshni Ltd. 104.75 + 12.27 AVT Natural Products Ltd. 143.85 + 11.94 Bharat Rasayan Ltd. 97.50 + 11.36 SRHHL Industries Ltd. 4.70 + 10.58 Malwa Cotton Spinning Mil 51.35 + 9.25 NSE Losers Scrip Price(Rs.) %Change Balaji Amines Ltd. 43.85 -11.59 Dhunseri Investments Ltd. 73.60 -11.21 Elgi Equipments Ltd. 86.40 -11.15 Crompton Greaves Ltd. 252.20 -10.10 Kesoram Industries Ltd. 195.20 -10.00
Top Headlines Gold climbs to new high of Rs 23,175/10 gram, silver slips Gold prices surged to a new peak on sustained buying by speculators, triggered by a strong rally in overseas markets. Infosys: Balakrishnan contender for CEO, KV Kamath for Murthy's position India's second-biggest software exporter, Infosys, will announce its new chairman apart from other leadership changes on today evening in Bangalore. Oil PSUs to lose over Rs 180,000 cr on fuel sales this fiscal State-owned oil firms cos will lose money on fuel sales this fiscal if domestic retail prices are not hiked in step with the cost of raw material. Most Read Story India Inc's Top 10 most powerful CEOs 2011: Some interesting facts ET takes a look at some well known and some not so known facts about India Inc's ten most powerful CEOs. Most E-mailed Story Thriving economy lures NRIs back to India Over half of the returnee NRIs have set up Information Technology-based start-ups with nearly 31% of these companies situated in Bangalore. Most Commented Story Infosys staff want founders to stay, want Nandan Nilekani back A near majority, 50%, think that the company is losing ground to TCS , while 29% attribute poor performance to poor leadership. Latest Updates Wall St ahead: Sell in May and go away? Not so fast National accounting methods to be opened to public Apple juggernaut sends ripples through tech world Traders betting on Rajaratnam guilty verdict

Nifty closes at 5750 ahead of RBI meet - The Economic Times Markets Watch Newsletter

	Dated:29 April,2011

Market Round-up SENSEX 19135.96 -156.06 NIFTY 5749.50 -35.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Surya Roshni Ltd. 104.75 + 12.27 AVT Natural Products Ltd. 143.85 + 11.95 Bharat Rasayan Ltd. 97.50 + 11.36 SRHHL Industries Ltd. 4.70 + 10.59 Malwa Cotton Spinning Mil 51.35 + 9.26 NSE Losers Scrip Price(Rs.) %Change Balaji Amines Ltd. 43.85 -11.59 Dhunseri Investments Ltd. 73.60 -11.22 Elgi Equipments Ltd. 86.40 -11.16 Crompton Greaves Ltd. 252.20 -10.11 Kesoram Industries Ltd. 195.20 -10.00

Top Headlines Nifty closes at 5750 ahead of RBI meet Nifty ended at 5,749.50, down 35.95 points or 0.62 per cent. The broader index touched a high of 5804.30 and low of 5706.05 in today's trade. Expect Sensex to be in 20500-20600 range by year-end: Crisil Equities Crisil Equities expects the second half of the year to be better than the first half as most of the macroeconomic factors will ease. Apple launches iPad 2 in India; priced between Rs 29,500 and Rs 46,900 Apple's iPad 2 hit Indian stores, just over a month after the company started selling the updated version of its popular tablet device in the US. Views on Stocks/Markets Stocks with earnings growth & decent valuation a good buy: Principal Investors A lot of factors weighing down on markets: Girish pai Growth of large-cap IT stocks not slowing: Viju George, JP Morgan IPO/Global Markets World stocks cautious on US growth Future Ventures IPO scrapes through Australia shares close 1 pc down Rupee / Gold Gold climbs to new high Re climbs to near 3-wk high Gold futures eases More 'Market' News Market cautious on shrinking profits; mid-caps may outperform in May Traders have turned cautious due to shrinking profitability and possible interest rate increase next week during the monetary policy review. The Fed Reserve cannot stop a global bull run: Mark Mobius, Templeton Global equities bull market will weather any halt in bond purchases by the Fed amid rising US investment in emerging markets, feels Mobius. Hero Honda to pay 45 bn yen to Honda for licencing till 2014 Hero Honda will pay Honda about Rs 2,450 crore till 2014 as part of a new licencing agreement signed between the Hero Group & Japanese auto major.

Contempt Proceedings Against Striking AI Pilots; Sensex Down 156 Pts; Royal Wedding: Prince William Marries Kate

Friday, Apr 29, 2011 SPECIAL LEAD Click here for India Business Update Mobile Version RURAL HOUSEHOLDS PAID OVER RS 470 CR IN BRIBES Ranging from Re 1 to Rs 950, rural households in the country could have paid a whopping Rs 471.8 crore last year as bribe to avail basic facilities such as ration, health, education and water supply says the 'India Corruption Study: 2010' prepared by Centre for Media Studies (CMS). The study said the total amount of Rs 471.8 crore is "equal or less" than the total expenditure made under MNREGA during 2010-11 in states like Assam, Gujarat, Kerala, Himachal Pradesh and Maharashtra. read more LEAD STORIES HC INITIATES CONTEMPT PROCEEDINGS AGAINST AI PILOTS The Delhi High Court today decided to initiate contempt proceedings against striking Air India pilots for defying its order to resume work. read more SENSEX DOWN 156 PTS AHEAD OF RBI MEET Sensex closed at 19,135.96 points amid fears of rate hike by RBI following unabated rise in food prices. Nifty ended at 5,749.50 down by 35.95 points. read more ROYAL WEDDING: PRINCE WILLIAM MARRIES COMMONER KATE Prince William and Kate Middleton married at Westminster Abbey in a sumptuous show of British pageantry that attracted a huge world audience. read more TOP STORIES • 2G scam: Delhi HC defers decision on bail to May 2 • Govt will notify new M&A rules by May 5: CCI • Rupee up 22 paise near 3-wk high, ends at 44.21/$ • RBI raises FII cap on bonds, debentures of infra cos • Govt facing cash crunch on high tax refunds • Niko's NOC to $7.2 bn RIL-BP deal is conditional • Hero to pay Honda Rs 2,450 cr for licencing till 2014 • iGATE open offer for Patni fully subscribed • SAIL Q4 net down 28% at Rs 1,507 cr • HCC reports Rs 64.61 cr net loss for 2010-11 • Titan net profit soars 72% to Rs 433 cr in FY11 • Fortis to list 2 entities worth $1.5 bn in Singapore • Fitch revises Airtel's outlook to negative • Sword maker Windlass acquires Spanish firm Marto • SC suspends operations in 19 Karnataka mines • Andhra Pradesh cancels MoU with Moser Baer • Idea moves TDSAT agst DoT notice to cancel licence • Yuan breaks through 6.5/$ for first time since 1993 • Apple overtakes ZTE in handset mkt, Nokia falls • K Balachander wins Dadasaheb Phalke Award more stories TOP VIDEOS I am 100% Certain That Anil Ambani And Tata Will See The Insides Of A Jail: Subramanian Swamy, Telecom Scam Petitioner In This Business (Aviation), Every Little Thing Matters That Differentiates Between Success And Failure: Rahul Bhatia, Chairman, IndiGo Airlines AT A GLANCE BSE 19135.96 -156.06 NSE 5749.5 -35.95 TURNOVER Rs. 117,037 cr BSE CASH Rs. 2,882 cr NSE CASH Rs. 13,342 cr NSE F&O Rs. 100,814 cr BULLION GOLD 22345 +62 SILVER 71794 +713 CRUDE NYMEX 102.25 -0.08 BRENT 125.35 +0.33 FOREX $ / Re 44.21 -0.23 £ / Re 73.699 +0.03 € / Re 65.727 +0.13 EVENTS 28 April- 1 May Golden Maharashtra Mega Exhibition 30 April Infosys Technologies Board To Finalise Company's Leadership Succession Plans 3 May RBI Monetary Policy 5 May Govt To Notify New M&A Rules 7 May Mumbai Court To Decide on Hasan Ali Khan Case EXPERT VIEWS "I am charging the Prime Minister with direct complicity in this matter (2G scam). I am charging the Finance Minister with direct complicity. They have not only not done their constitutional duty but willy-nilly they have become a party to this scam." Yashwant Sinha PAC Member & Senior BJP Leader "I think the Chairman (of PAC Murli Manohar Joshi) who is a seasoned politician should not have tried to push the political agenda of his party by misusing the office. Joshi has betrayed an inclination to subserve the political agenda of his party rather than to uphold the dignity of the institution of the PAC." Ashwani Kumar MoS For Planning & Parliamentary Affairs "I have sought clarification from the state government (Orissa) on certain matters relating to the Posco project. The ball is not in my court, but in the state government's court." Jairam Ramesh Environment Minister WATCH OUT Tech Toyz This week on Tech Toyz, the geeks of Network 18 come together for the ultimate challenge. Team Tech Toyz and team Tech Guru join hands to answer one single question- is there a world beyond Google? Its Google vs rest of the world! Whose side are you on? SHOW TIMINGS Fri 6:30 pm Sat 8:30 pm Sun 1 pm

PAC Report Rejected, Joshi Walks Out; Sensex Down 156 Pts; 60 Flights Cancelled, AI Strike Continues On Day 2

Thursday, Apr 28, 2011 SPECIAL LEAD Click here for India Business Update Mobile Version PAC REPORT REJECTED; JOSHI WALKS OUT 11 MPs, including one each from the Samajwadi Party and the Bahujan Samaj Party, of the 21-member Public Accounts Committee rejected the draft report on 2G scam that indicted former Telecom Minister A Raja and made critical comments on the Prime Minister and the then Finance Minister P Chidambaram. Congress member Saifuddin Soz was elected as chairman who put the resolution for rejection of the report to vote. This election took place after BJP Leader Murli Manohar Joshi left the meeting as Soz moved a resolution seeking a vote on the adoption of the draft report. In more drama, Soz later went to Joshi's office and handed over the "resolution" rejecting the report to his staff. rea d more LEAD STORIES SENSEX DOWN 156 PTS; FALLS FOR FOURTH-DAY IN A ROW Rising oil prices and food inflation coupled with F&O pressures saw Sensex slip to 19,292.02. Nifty ended at 5,785.45, down 48.45 points. read more PASSENGERS FUME AS AI PILOTS' STRIKE GROUNDS 60 FLIGHTS A fresh round of talks between Air India pilots and the management failed as the strike entered the 2nd day leading to cancellation of 60 flights. read more TOP STORIES • Ambani, Ruia, Tatas untouched by CBI: NGO to SC • GoM on Cairn, Vedanta deal to meet May 2 • Food inflation inches up marginally to 8.76% • Savings rate decontrol to hurt banks' profitability: RBI • RBI to hold pre-policy consultations with FinMin • India snubs U.S. firms jet offer, selects European firms • Reliance Big TV moves SC against TDSAT order • ICICI Bank Q4 net up 44.5% at Rs 1,452 cr • Biocon Q4 net up 25%, divests stake in German unit • Future Ventures IPO subscribed 1.51 times on final day • Govt approves fertiliser price hikes for FY12 • Taxman looks to tighten noose around shipping sector • Azim Premji slams India's scam 'culture' • SC's split verdict on BCCI rule change on IPL, T-20 • Mamata opposes chemical hub in West Bengal • Govt holds back approval for 4 nuke reactors of NPCIL • U.S. Ambassador to India Timothy Roemer resigns • U.S. GDP at 1.8% in Q1; jobless claims at 3-mth high • China's GDP to grow at 9.3% in 2011: World Bank • Facebook investors look for exits, to sell $1 bn shares more stories TOP VIDEOS Fed's Comment To Pull Dollar Index Lower: Kirk West, Managing Director Asia, Principal Global Investors I Am Not Convinced Yet That Crude Is Going To Take Off: Jonathan Barratt, MD, Commodity Broking Services AT A GLANCE BSE 19292.02 -156.67 NSE 5785.45 -48.45 TURNOVER Rs. 241,446 cr BSE CASH Rs. 2,994 cr NSE CASH Rs. 15,777 cr NSE F&O Rs. 222,675 cr BULLION GOLD 22313 +183 SILVER 72322 +3502 CRUDE NYMEX 102.25 -0.08 BRENT 125.71 +0.58 FOREX $ / Re 44.44 0 £ / Re 74.104 +0.09 € / Re 65.89 +0.15 EVENTS 29 April Delhi High Court To Resume 2G Trial Bail Hearing 28 April- 1May Golden Maharashtra Mega Exhibition 30 April Infosys Technologies Board To Finalise Company's Leadership Succession Plans 7 May Mumbai Court To Decide on Hasan Ali Khan Case EXPERT VIEWS "BJP wasted the time and money of the people and disrupted Parliament. I want to ask Murli Manohar Joshi how was the report leaked and who will take the responsibility of the leaked report. BJP has destroyed the institution of PAC." Jayanthi Natarajan Congress Spokesperson "We see these attacks as a part of pattern. We want to know, how is it that when Mr Manmohan Singh found him (Murli Manohar Joshi) competent for the PAC chief, then how can he be called a villain. BJP strongly condemns these deliberate attacks on Murli Manohar Joshi by the Congress party." Ravi Shankar Prasad BJP Spokesperson "The management has been lying about Air India losses. It is only corruption inside Air India and no losses. There should be a CBI probe into it. The management has held back our arrears for over three years now. The 800 pilots refuse to take orders from the Chairman of Air India." Captain VK Bhalla Indian Commercial Pilot Association Leader WATCH OUT Tech Toyz This week on Tech Toyz, the geeks of Network 18 come together for the ultimate challenge. Team Tech Toyz and team Tech Guru join hands to answer one single question- is there a world beyond Google? Its Google vs rest of the world! Whose side are you on? SHOW TIMINGS Fri 6:30 pm Sat 8:30 pm Sun 1 pm