Nifty ends 100 points lower; BHEL, Sesa Goa, IDFC down

	Dated:23 May,2011

Market Round-up SENSEX 17993.33 -332.76 NIFTY 5386.55 -99.80 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change CIL Nova Petrochemicals L 15.80 + 216.00 Sanghvi Forging & Enginee 112.00 + 31.76 Shreyans Industries Ltd. 22.00 + 15.79 Gujarat Lease Financing L 3.65 + 10.61 Kopran Ltd. 21.85 + 10.08 NSE Losers Scrip Price(Rs.) %Change SRHHL Industries Ltd. 4.00 -13.98 Shiva Texyarn Ltd. 33.45 -13.12 Prithvi Information Solut 31.55 -12.48 Smartlink Network Systems 83.80 -11.46 Servalakshmi Paper Ltd. 11.80 -10.61

Top Headlines Nifty ends 100 points lower; BHEL, Sesa Goa, IDFC down Benchmarks ended in deep red as sentiments across global markets turned negative after Fitch downgraded Greece's credit rating. Investors flock back towards emerging markets; India least favoured According to Bank of America Merrill Lynch survey, emerging markets are now the most favoured and are replacing the US. Sell dollar on rallies; yuan 'safest investment': Jim Rogers Rogers, a known commodities bull, said he had sold short shares in most emerging markets and has commodities and currencies as his main portfolio. Views on Stocks/Markets Avoid GAIL for now: Sudarshan Sukhani Buy Gail on dips, avoid ITC: Sudarshan Sukhani Stay away for Aurobindo Pharma: Sudarshan Sukhani IPO/Global Markets European stocks slide at open Australia shares close down 1.9% Asian markets slump Rupee / Gold Re ends at 45.23/24 Gold demand weak Re slips by 21 paise More 'Market' News Mahindra Satyam posts Q4 loss on one-off; shares dip Mahindra Satyam posted a net loss, hurt by a one-time expense due to a US shareholder lawsuit settlement, sending its shares down more than 5 pc. Govt to offload 5 pc equity in BHEL to raise Rs 4,500 cr; stock falls 7 pc Govt is likely to divest 5 pc equity BHEL as part of the exercise to raise Rs 40,000 crore from disinvestment during the current financial year. Magma Fincorp jumps 9 pc on stake sale to KKR, IFC Magma Fincorp Ltd rose more than 9% after the firm said it plans to raise as much as 4.4 bn rupees by selling stake to a unit of Kohlberg.