The Economic Times Daily Newsletter

	Dated:February 01,2011

Top Headlines Sensex drops to 5-month low, Reliance Industries falls Sensex fell 1.7% on Tuesday to its lowest close since August as inflation worries and hardening interest rates continued to spook investors. Infosys plans rejig to compete better with TCS, Cognizant Infosys HR Head did confirm that discussions around reorganisation are currently on but said it is too premature and no decision has been taken yet. Pak overtakes UK in nuclear capability: Report Pakistan is steadily building up its nuclear arsenal since President Obama took office in 2009, and the country is on its way to overtake Britain as well as France. Most Read Story IBM to offer $1,000 Esops to India staff Nearly 100,000 IBM employees are set to receive $1,000 stock bonus each before June 16 - when the company celebrates its 100 years of existence. Most E-mailed Story IBM to offer $1,000 Esops to India staff Nearly 100,000 IBM employees are set to receive $1,000 stock bonus each before June 16 - when the company celebrates its 100 years of existence. Most Commented Story IBM to offer $1,000 Esops to India staff Nearly 100,000 IBM employees are set to receive $1,000 stock bonus each before June 16 - when the company celebrates its 100 years of existence. Latest Updates Rupee trades strong on mild dollar inflows Exports grow by 36.4% in December to $22.5 bn AMD launches new gen 'Fusion' processor Major energy cos shutting operations in Egypt		Market Round-up SENSEX 18022.22 -305.54 NIFTY 5417.20 -88.70 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Ruchi Infrastructure Ltd. 22.15 + 15.67 NCL Industries Ltd. 29.45 + 10.71 Polar Industries Ltd. 5.20 + 8.33 SPL Industries Ltd. 6.50 + 8.33 Nelcast Ltd. 88.50 + 6.37 NSE Losers Scrip Price(Rs.) %Change Jain Irrigation Systems L 156.95 -17.93 Surana Industries Ltd. 258.65 -12.72 Malwa Cotton Spinning Mil 40.55 -10.49 Unitech Ltd. 43.05 -10.41 Remsons Industries Ltd. 22.45 -10.02