The Economic Times Daily Newsletter

	Dated:March 08,2011

Top Headlines It will probably be a flattish year for Indian equities: Parul Saini, RBS Parul Saini, Director, RBS, says traders should be cautiously watching the crude oil prices and Indian political situation, and wait for a lower entry point. Hero to buy out Honda stake in Indian JV for $851 mn Hero Investments has agreed to buy Honda Motors Ltd's 26 percent stake in Hero Honda Motors for around $851 million. India to see 12.9% salary hike in 2011: Aon Hewitt Employees in India are expected to see a salary hike of 12.9% this year, as industries are benefiting from robust economic growth, according to Aon Hewitt. Most Read Story Infosys, TCS, ONGC, NTPC, Tata Power, BHEL, Sesa Goa, BEL stocks top picks post budget Also few stocks that are expecting more action or where mkt has overreacted to negative announcements include Tata Power, BHEL, Sesa Goa & BEL. Most E-mailed Story Employers' contributions in NPS account to be exempt from tax Budget has proposed that employers' contributions to NPS can be deducted as biz expense by them. And icing on the cake is that such contributions will not be included in the Rs 1 lakh limit exemptions. Most Commented Story Infosys likely to set up centre in Bihar The government has decided to develop an IT park in Bihta, 30 km from Patna. Bihta is well-connected by road and rail. Latest Updates SCIL Ventures up as co to consider delisting FIMI wants roll back of export duty hike on iron ore HP unveils new mobile access solution Audi almost doubled profit in 2010, company says		Market Round-up SENSEX 18439.65 216.98 NIFTY 5520.80 57.65 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Maxwell Industries Ltd. 18.70 + 20.26 Tata Coffee Ltd. 671.80 + 19.15 Jindal Photo Ltd. 180.45 + 18.10 Reliance Broadcast Networ 79.85 + 17.95 Raj Television Network Lt 67.30 + 17.66 NSE Losers Scrip Price(Rs.) %Change Blue Coast Hotels Ltd. 214.90 -15.73 Nuchem Ltd. 4.75 -10.38 Pudumjee Industries Ltd. 18.90 -10.00 Sanghi Polyesters Ltd. 1.80 -10.00 Keynote Corporate Service 37.50 -9.86