| Monday, Feb 14, 2011 |  |
| | | SENSEX ZOOMS 473 PTS; BIGGEST GAIN IN 4 MTHS
Sensex today surged to close at 18,202.20, its biggest single-day gain in four months, as easing inflation and end of turmoil in Egypt encouraged investors to buy fundamentally sound stocks that were recently beaten down on poor sentiment. Nifty closed above the 5400-mark for the first time in the last eight sessions, which could have been led by value buying as well as short covering. It settled at 5,456, up 146 points. SBI, ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank went up 3-5%. read more | | | | | | | | AT A GLANCE | | BSE | 18202.2 | +473.59 | | NSE | 5456 | +146 | | TURNOVER Rs. 161,266 cr | | BSE CASH Rs. 3,435 cr | | NSE CASH Rs. 13,010 cr | | NSE F&O Rs. 144,820 cr | | | | BULLION | | GOLD | 20356 | +16 | | SILVER | 45897 | +417 | | | | CRUDE | | WTI | 85.66 | +0.08 | | BRENT | 4659.42 | +26.71 | | | | FOREX | | $ / Re | 45.46 | -0.14 | | £ / Re | 72.75 | -0.2 | | € / Re | 61.189 | -0.33 | | | EVENTS 15-18 February
6th Nutra India Summit 2011, World Trade Centre, Mumbai 17 February
Emerging Trends In Healthcare, A Journey From Bench To Bedside, Le Meridien, New Delhi 17-19 February
Electronics Expo 2011, Pragati Maidan, New Delhi 21-22 February
2nd Annual Conference On Project Management In Infrastructure Sectors, Hyatt Regency, New Delhi 25 February
Railway Budget 28 February
Union Budget 1-2 March
Conference On Overseas Coal Acquisitions & Coal Imports, The Imperial, New Delhi 9-10 March
Conference On Waste Management In India, The Imperial, New Delhi | | | | | EXPERT VIEWS |
| | "RBI will have to take a view looking at level of inflation. It is still at an uncomfortably high level. Some action, continued action, by the RBI (to tighten monetary policy) may be required."
C Rangarajan
Chairman, PMEAC "Ever since Mr. Raja took over as Minister, there has been a rational, fair and action-oriented leadership in the ministry. On the issue of spectrum also, his stated policies for most part, have been legally sound, rational and well-reasoned. Part of the existing controversy revolves around one approval, which is being contested in the courts. In all other cases his stated policies appear fair and he deserves everyone's support."
Ratan Tata
Letter To Karunanidhi Dated November 2007 "Mr Ratan Tata's letter to the DMK chief was written in November 2007, at the time of a public controversy created by powerful vested interest groups within the industry, motivated by policy announcements made by the then Minister, Mr A Raja. It also needs to be noted that the letter was written well before any of the actions, which are currently the subject matter of controversy and investigations, were taken."
Tata Teleservices
Statement |
| | WATCH OUT |  Budget 2011: Priceline On Priceline this week Latha Venkatesh speaks to 3 top economists: Director of the NIPFP M Govinda Rao, Planning Commission Member Abhijit Sen and head of the committee to review petroleum product pricing Kirit Parikh on how Pranab Mukherjee can tackle the demons of a large fiscal deficit and looming inflation in Budget 2011. | SHOW TIMINGS Saturday 11:30 am & 10:30 pm
Sunday 8:30 am
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