The Economic Times Daily Newsletter

	Dated:February 03,2011

Top Headlines Sensex advances for second day; shoots up 358 points Shrugging off spike in food inflation and high interest rate worries, Sensex surged on aggressive value buying in the recently beaten stocks. Kerala High Court clears way for India's first Islamic bank The Kerala HC dismissed petitions challenging Kerala govt's decision to establish India's first Islamic Bank which will work on the principles of Shariah. Internet will run out of IP addresses by Friday The internet will run out of numerical IP addresses by Friday. But the web will not ground to a halt. A new system, Internet Protocol version 6 will replace version 4. Most Read Story Microsoft, Cognizant, HCL and Wipro among big IT cos to hire designers this year Along with designers, the number of non-engineering graduates on rolls of IT cos will go up from 10% to 20-25% over the next one to two years. Most E-mailed Story Mobiles pose health risk, says govt panel A govt study states that radiation from mobile phones and towers poses serious health risks, including loss of memory, lack of concentration and sleep disturbances. Most Commented Story IBM to offer $1,000 Esops to India staff Nearly 100,000 IBM employees are set to receive $1,000 stock bonus each before June 16 - when the company celebrates its 100 years of existence. Latest Updates Railway wagon makers down on high input costs Food inflation jumps to 17.05% on costlier vegetables Smartphones to run operators into red in 3 yrs Deutsche tops Goldman in banker pay table		Market Round-up SENSEX 18449.31 358.69 NIFTY 5526.75 94.75 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Birla Power Solutions Ltd 1.30 + 23.81 BF Investment Ltd. 93.75 + 20.04 BF Utilities Ltd. 844.90 + 20.01 Kalyani Investment Compan 1,026.90 + 20.00 Kalyani Steels Ltd. 98.20 + 16.63 NSE Losers Scrip Price(Rs.) %Change Goldstone Technologies Lt 9.20 -15.98 Wanbury Ltd. 34.75 -10.67 Kalindee Rail Nirman (Eng 149.25 -9.82 Logix Microsystems Ltd. 17.40 -9.38 Nagreeka Capital & Infras 31.65 -8.66