Sensex falls 310 pts on inflation concerns and Infosys results, The Economic Times Markets Watch Newsletter

	Dated:15 April,2011

Market Round-up SENSEX 19386.82 -310.04 NIFTY 5824.55 -86.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Kanoria Chemicals & Indus 41.20 + 20.12 IVP Ltd. 51.50 + 20.05 Southern Petrochemicals I 23.00 + 18.56 Sentinel Tea and Exports 20.10 + 18.24 Cronimet Alloys India Ltd 127.55 + 15.48 NSE Losers Scrip Price(Rs.) %Change Kwality Dairy (India) Ltd 120.35 -14.07 Infosys Technologies Ltd. 2,989.50 -9.58 Excel Infoways Ltd. 35.05 -9.31 ATN International Ltd. 1.55 -8.82 Banco Products (India) Lt 78.10 -7.68

Top Headlines Sensex falls 310 pts on inflation concerns and Infosys results The BSE Sensex fell 310 points as higher inflation numbers triggered fears of interest rate hikes and Infosys reported lower-than-expected Q4 results. Infosys stock sees biggest fall in 2 years; plunges 10 per cent Infosys, seen as a benchmark for the Indian outsourcing sector, has missed analysts' profit estimates for the third time in four quarters. IT services, auto & banks are sectors to look for: BNP Paribas Securities In an interview with ET Now, Manishi Raychaudhuri, MD & HOR, BNP Paribas Securities, talks about the market and the management rejig at Infosys. Views on Stocks/Markets Avoid Infosys; may fall below Rs 2,900: Sudarshan Sukhani Buy Mahindra Satyam for Rs 85 target in short term: Sandeep Wagle Buy L&T for Rs 1,800 immediate target: Sandeep Wagle IPO/Global Markets European shares edge higher BRICS Summit: Leaders see growth threat HK shares post first weekly loss Rupee / Gold Gold at all-time high Rupee ends 0.4% stronger Gold futures at record high More 'Market' News Fortis Healthcare to buy 86% stake in SRL; stocks up Shares of Fortis Healthcare were at Rs 162.80, up 0.65 per cent on the BSE. It touched a high of Rs 164.95 and low of Rs 162.20 in trade so far. Schneider, Eaton Corp in race to buy L&T's Electrical and Electronics business Larsen & Toubro is looking to sell off its Electrical and Electronics business as part of the ongoing restructuring plans. Little bit cautious on India in short term: Geoff Lewis, JPMorgan AMC Geoff Lewis, Head-Investment Services, JPMorgan AMC, talks about the current opportunities in the EMs, inflation and his favourite themes and sectors.