Sebi slaps Sahara cos with refund directives

	Dated:24 June,2011

Market Round-up SENSEX 18240.68 513.19 NIFTY 5471.25 151.25 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Zenith Birla (India) Ltd. 7.95 + 20.45 Marksans Pharma Ltd. 2.65 + 20.45 AVT Natural Products Ltd. 261.00 + 18.53 Patel Integrated Logistic 28.40 + 16.87 EL Forge Ltd. 12.15 + 16.83 NSE Losers Scrip Price(Rs.) %Change Timbor Home Ltd. 88.30 -16.38 Remsons Industries Ltd. 22.50 -10.89 Shreyans Industries Ltd. 20.05 -9.68 Lanco Infratech Ltd. 23.15 -8.13 AML Steel Ltd. 14.95 -6.27

Top Headlines Sensex ends above 18200; financials lead Indian shares provisionally closed 2.9 per cent higher on Friday, taking cues from firm global markets. Indian markets may drop another 10-20%: Marc Faber Marc Faber, Publisher, Gloom, Boom & Doom Report, says he won't put money in India at this point, but is positive on its economy in long term. Sebi slaps Sahara cos with refund directives SEBI has directed two Sahara Group companies to refund money raised from investors in 2008 through hybrid securities with 15% interest. Views on Stocks/Markets Nifty may extend rally to about 5380-5400: Mitesh Thacker Buy BPCL on a decline to 610-615: Sandeep Wagle Kingfisher may see some kind of rally: Ashwani Gujral IPO/Global Markets Birla Pacific IPO fully subscribed World shares rise on Greece support China shares end up 2.2% Rupee / Gold Re rules steady at 44.93/94 Gold to trade within 22200-22800 Gold to outperform by end 2011 More 'Market' News Analysts' views on where market is headed In the short term, it seems that 5250 is held out nicely, and we might actually extend the rally a bit to about 5380-5400. Fears of margin pressure hammer low-cap stock Investors continue to sell shares of several mid-cap and small-cap companies despite denials by promoters of any margin funding pressure. Aviation stocks rally on fall in crude oil Led by Jet Airways (India), aviation stocks surged by up to 10 per cent in morning trade on the BSE today.