Sensex ends 300 points lower; realty, power, banks down

	Dated:05 May,2011

Market Round-up SENSEX 18210.58 -258.78 NIFTY 5459.85 -77.30 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Vardhman Acrylics Ltd. 12.00 + 14.29 Peacock Industries Ltd. 2.80 + 12.00 Piramal Life Sciences Ltd 104.10 + 9.93 Maan Aluminium Ltd. 62.70 + 9.52 Ausom Enterprise Ltd. 47.00 + 9.30 NSE Losers Scrip Price(Rs.) %Change Bajaj Corp Ltd. 114.70 -79.91 TCI Developers Ltd. 201.65 -10.79 Shriram Transport Finance 608.60 -9.20 Shreyans Industries Ltd. 21.85 -8.96 Housing Development & Inf 139.65 -8.06

Top Headlines Akshaya Tritiya: Gold, silver traders scramble for supplies Gold and silver traders scrambled for supplies as they braced for strong sales for Akshaya Tritya, pushing premiums higher. Sensex ends 300 points lower; realty, power, banks down Markets ended in deep red as jittery investors offloaded positions on concerns that hike in interest rates would hamper economic growth. Over 30,000 Indians to be recruited in Australia Over 30,000 Australia-trained Indian graduates could be recruited as part of a plan to deal with skills shortage, which is emerging as a possible impediment for the resource boom. Views on Stocks/Markets Hero Honda tends to peter out around 1850-1900: Ashwani Gujral 'There is more downside on RComm' "Metal stocks could come down' IPO/Global Markets Govt rules out fee change World markets wary on US Stocks at 2-week low Rupee / Gold Rupee falls by 29 paise Gold up on firm global cues Silver continues to slide More 'Market' News Market Outlook: Experts on where markets are headed The chances of a higher close are very bright but I do not know about a strong and a sharp technical recovery. RIL to invest $12 billion in chemicals business; stock up Reliance Industries is drawing ambitious plans to be a world leader in rubber, and is investing up to $12 billion in the chemicals business. Indian equities expensive, prefer China and other Asian markets: RBS Coutts In markets like China & Singapore , investors gain in terms of dividend payouts, low valuations & currency play, says Norman Villamin, RBS Coutts.