Oil India may strike overseas acquisition this year: Director

	Dated:21 June,2011

Market Round-up SENSEX 17560.30 53.67 NIFTY 5275.85 17.95 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Arrow Textiles Ltd. 13.65 + 19.74 Oil Country Tubular Ltd. 79.35 + 15.50 Advanta India Ltd. 281.45 + 14.20 Welspun Projects Ltd. 68.60 + 14.05 Vikash Metal & Power Ltd. 13.35 + 10.33 NSE Losers Scrip Price(Rs.) %Change Cox & Kings Ltd. 195.05 -47.92 S Kumars Nationwide Ltd. 51.20 -11.95 Shree Ashtavinayak Cine V 4.15 -11.70 Orchid Chemicals & Pharma 231.55 -11.01 Remsons Industries Ltd. 22.50 -10.89

Top Headlines Sensex ends above 17550; tech, oil & gas, pharma up Benchmarks snapped four-day losing streak and closed in the positive terrain as some buying activity picked up in index heavyweights. Oil India may strike overseas acquisition this year: Director In an interview with ET Now, TK Ananth Kumar, Director (Finance), Oil India, talks about the company's performance and plans. Excerpts: Indian markets are headed lower: Vibhav Kapoor, IL&FS The market is ignoring any positive news and this is all a reflection of the sentiment being negative, says Vibhav Kapoor, IL&FS. Views on Stocks/Markets Sell or book profit on TCS: Sandeep Wagle Stay with Telecom stocks: Ashwani Gujral RIL gains over 2% in early trade on bourses IPO/Global Markets TACO plans to launch Rs 11 bn IPO Global I-banks keep off IPO of NBCC World stocks off 3-week low Rupee / Gold Re up on Asians, local shares Gold ticks up near 2-week high Gold steady at over 1-wk high More 'Market' News Worst is over for telecom sector: IL&FS Things are going to improve in telecom sector as you go along over the next 12-18 months. Expecting one more rate hike from RBI: RBS In a chat with ET Now, Sanjay Mathur, Economist, RBS, talks about global economy, inflation and commodities. RBS, Deutsche upgrade HDFC, raise target RBS and Deutsch Bank has upgraded HDFC to "hold" from "sell" and to "buy" from "hold", respectively, citing bullish industry outlook.