Sensex ends 118 points down; HDFC, RIL, Hindalco lower

	Dated:03 June,2011

Market Round-up SENSEX 18376.48 -117.70 NIFTY 5516.75 -33.60 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Indian Terrain Fashions L 120.15 + 20.03 Lloyds Steel Industries L 19.15 + 17.85 Transformers & Rectifiers 295.40 + 13.81 Celebrity Fashions Ltd. 10.75 + 13.16 Store One Retail India Lt 18.35 + 11.89 NSE Losers Scrip Price(Rs.) %Change Sanghvi Forging & Enginee 65.75 -9.06 Ausom Enterprise Ltd. 45.95 -7.17 Wendt India Ltd. 1,474.30 -6.83 GKB Ophthalmics Ltd. 38.30 -6.59 United Nilgiri Tea Estate 130.35 -6.22

Top Headlines Sensex ends 118 points down; HDFC, RIL, Hindalco lower According to experts, the market is expected to remain rangebound for next few sessions and investors are likely to take cues from RBI's policy meet and progress of monsoon. India's stock market price to be set by FII flows: Ajit Dayal, Quantum AMC Long-term earnings will drive this market and FII flows will price it everyday, says Ajit Dayal of Quantum AMC. RIL AGM 2011 disappoints shareholders, stock falls RIL and BP to jointly address issues in ramping up output. Reliance will launch wholesale outlets for retail arm; move forward with broadband expansion. Views on Stocks/Markets FMCG stocks a safe bet: Ashwani Gujral Sell ADAG stocks for now: Ashwani Gujral Inflationary pressures in EMs a negative for FIIs: Fullerton Securities IPO/Global Markets World shares slide China shares end down 1.4% European shares fall further Rupee / Gold Rupee steady Silver slips on global cues Gold futures extend losses More 'Market' News Market continues downtrend momentum: Ashwani Gujral Today's fall is a bit worse than yesterday's fall because today we retested 5600 and then came back down fairly sharply. SEBI imposes Rs 14 cr penalty on two IPO scam financiers Sebi imposed a penalty of Rs 14 crore on Dushyant Natwarlal Dalal and Puloma Dushyant Dalal for unlawful gains made during the infamous IPO scam of 2003-05. Sebi introduces liquidity enhancement schemes in derivatives SEBI has decided to permit stock exchanges to introduce one or more liquidity enhancement schemes (LES) in the equity derivatives segments.