The Economic Times Daily Newsletter

	Dated:February 19,2011

Top Headlines Market snaps 3-week losing streak, up ahead of Union Budget The Bombay Stock Exchange 30-share barometer resumed the week higher and remained in positive terrain through out the week. Budget 2011: Corporate America seeks opening of multi-brand retailing American corporates also urged FM to raise FDI cap in insurance, liberalise FDI norms for food and agri products and streamline foreign investment process. Indian students have highest transition rate to work in New Zealand Students from India also have the highest rate of transition to permanent residence (47 pc), again followed by pupils from China. Most Read Story Markets will correct further, Sensex may touch 16000: Saurabh Mukherjea, Ambit Capital The time is not right for investors to bottom fish, the market will find a bottom around 16000-16500, says Saurabh Mukherjea, Ambit Capital. Most E-mailed Story Infosys, TCS & Wipro go to US campuses to hire local US talent Indian tech firms are eyeing US universities, as stricter immigration norms and high unemployment rate make local hiring attractive in the country. Most Commented Story Bihar growth projected at 10.49% by CSO, more than national average this year The comeback expected in the current financial year is confidence boosting, although the state is yet to touch the mark it had achieved two years back. Latest Updates Wall Street stocks close at fresh two-year highs Global imbalances not India's doing: Mukherjee Google group keeps sights on Microsoft in new era Pressure on China to back G-20 imbalances		Market Round-up SENSEX 18211.52 -295.30 NIFTY 5458.95 -87.50 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Hindustan Copper Ltd. 324.80 + 11.86 C Mahendra Exports Ltd. 202.40 + 10.00 State Trading Corporation 270.30 + 9.45 Aplab Ltd. 30.95 + 7.46 Alkyl Amines Chemicals Lt 87.00 + 7.40 NSE Losers Scrip Price(Rs.) %Change Anant Raj Industries Ltd. 75.85 -19.43 Asian Electronics Ltd. 14.35 -10.86 Savera Industries Ltd. 37.15 -10.37 ECE Industries Ltd. 113.70 -10.18 Quintegra Solutions Ltd. 8.05 -10.05