IT companies' shares lower; TCS down 3 per cent

	Dated:17 June,2011

Market Round-up SENSEX 17870.53 -115.35 NIFTY 5366.40 -30.35 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Visu International Ltd. 3.35 + 17.54 Alkali Metals Ltd. 60.00 + 13.31 Man Industries (India) Lt 150.45 + 10.02 Uttam Sugar Mills Ltd. 39.00 + 9.86 Orient Press Ltd. 88.15 + 8.83 NSE Losers Scrip Price(Rs.) %Change GTL Ltd. 338.30 -17.08 Next Mediaworks Ltd. 5.70 -10.94 Remsons Industries Ltd. 22.50 -10.89 Gujarat Lease Financing L 3.50 -10.26 Tilak Nagar Industries Lt 36.10 -9.98

Top Headlines Sensex ends 115 points lower; TCS, Reliance, M&M down Mkts ended in negative territory extending losses for 3rd consecutive session as concerns slow-down in economic growth due to further rate hike. Indian markets are still relatively rich: Masha Gordon Valuations in India have improved. Its premium to global emerging markets has halved from some 30% to 16%, says Masha Gordon, PIMCO. 15,000 will be a solid base for Indian markets: ENAM Securities I will not guess what will trigger a fall to 15,000, but not having policy reforms is something that would worry, says Vallabh Bhanshali, ENAM Securities. Views on Stocks/Markets Buy SKS Microfinance: Mitesh Thacker Reliance Power is steady: Deepak Mohoni Sun TV is bouncing back: Deepak Mohoni IPO/Global Markets World shares slump China shares at 8-1/2-month low Eurpean shares turn positive Rupee / Gold Re ends at 44.86/87 Re erases losses Gold eases with world mkts More 'Market' News Kalanithi Maran's Kal Airways pledges additional shares in SpiceJet Kal Airways Private Ltd has pledged an additional 2.07 cr shares in SpiceJet Limited on June 3, as per the latest disclosure to stock exchanges. RIL scrip falls for sixth day in a row, m-cap below Rs 3 lakh-crore mark Extending its decline for the sixth straight session, Reliance Industries lost over 1 pc in early trade today amid continuous selling pressure. IT companies' shares lower; TCS down 3 per cent Shares of IT companies were trading lower on fund selling on concerns of slowdown in the U.S. economy and Greek debt crisis, several dealers said.