Nifty ends at 5550; banks, auto, tech gain

	Dated:06 May,2011

Market Round-up SENSEX 18518.81 308.23 NIFTY 5551.45 91.60 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Aplab Ltd. 38.05 + 17.98 Jet Airways (India) Ltd. 490.90 + 11.49 Kingfisher Airlines Ltd. 44.40 + 10.72 Union Bank of India 320.00 + 10.33 TCI Finance Ltd. 76.60 + 10.06 NSE Losers Scrip Price(Rs.) %Change SKS Microfinance Ltd. 331.80 -19.74 Allied Digital Services L 66.60 -10.00 Dynacons Systems & Soluti .95 -9.52 Ausom Enterprise Ltd. 42.55 -9.47 Sri Chamundeswari Sugars 44.25 -9.42

Top Headlines Nifty ends at 5550; banks, auto, tech gain Negative cues from global peers were discounted by investors as sharp decline in commodities boosted sentiments. Gold prices in India slip despite heavy buying; oil falls by $5 Even as buying activity remained high on the auspicious day of Akshaya Tritiya, both gold and silver tumbled on weak global cues. Goldman starts Coal India coverage with 'neutral' rating Goldman Sachs has initiated coverage on Coal India with 'neutral' rating and set a 12-month target price of 405 rupees. Views on Stocks/Markets Buy Bharti Airtel around 335: Ashwani Gujral Buy Gold but inspect carefully before you purchase Indian markets warrant higher levels: Sanjay Dutt IPO/Global Markets ONGC's FPO to open on 5/07 World markets fall Recovery fears crimp FTSE Rupee / Gold Rupee ends marginally down Gold premiums higher Silver touches 6 week low More 'Market' News SKS Microfinance falls 20 per cent to lowest ever SKS Microfinance fell by the maximum daily limit to an all-time low, after JPMorgan cut its share price target by more than half. Bharti Airtel falls on weak quarterly results Shares of Bharti Airtel were trading 2.04% down at Rs 350.30 on the Bombay Stock Exchange on Friday after it posted a 31% drop in fourth-quarter profits. Shares of gold lender Muthoot Finance list at 12% premium Shares of Muthoot Finance, which raised Rs 9 bn by selling 51.5 mn shares through IPO, listed at Rs 196.60, a premium of 12.34% to its issue price.