Sensex ends above 18000; ONGC, Hero Honda, RIL up

	Dated:26 May,2011

Market Round-up SENSEX 18044.64 197.40 NIFTY 5412.35 63.40 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Kamat Hotels (India) Ltd. 102.45 + 20.04 Zicom Electronic Security 44.35 + 16.40 Dolphin Offshore Enterpri 139.55 + 14.20 Southern Ispat & Energy L 8.90 + 10.56 Precot Meridian Ltd. 165.55 + 10.26 NSE Losers Scrip Price(Rs.) %Change LGB Forge Ltd. 2.25 -10.00 Karur KCP Packkagings Ltd 36.05 -7.56 Cubex Tubings Ltd. 12.95 -7.17 NCL Industries Ltd. 34.10 -6.83 Zodiac JRD MKJ Ltd. 19.80 -6.82

Top Headlines Sensex ends above 18000; ONGC, Hero Honda, RIL up Benchmarks ended on a firm foot on Thursday as investors bought index heavy-weight stocks on the May series settlement day. FIIs shun big IT stocks; raise stake in mid-cap cos on attractive valuations FIIs raised stake in Polaris, Subex, Persistent Systems, e-Clerx, Redington & NIIT in 2010-11 while trimming holdings in Infy, TCS & Wipro. High interest rates hit companies' debt fund-raising plans Indian cos have raised around $12,503 mn from 75 debt deals so far in 2011 compared with $19,300 mn from 193 deals in same period last year. Views on Stocks/Markets Morgan Stanley cuts Tata Motors target price BNP cuts Hotel Leela target, but maintains 'buy' Kirloskar Oil founders transfer shares to group co IPO/Global Markets Global markets rise Europe shares slip Asian stocks rebound Rupee / Gold Gold maintain upward rally Rupee stays off highs Gold knocked off 3-wk peak More 'Market' News Goldman raises price target on Tata Steel shares Goldman Sachs has raised its 12-month price target for India's Tata Steel to Rs 774 from Rs 761 and maintained its "buy" rating on the stock. Cash rates marginally up on firm demand from banks Cash rates edged up after having eased toward the close of previous session, as demand remained firm in the first week of reporting fortnight. CCI holds NSE guilty of unfair trade practice in currency derivates market The commission has issued a show cause notice to NSE, asking why a penalty should not be imposed for its unfair trade practices.