Sensex Ends Flat On Weak Monsoon Forecast; All-Party Meeting On Lokpal On July 3

Wednesday, Jun 22, 2011 Click here for India Business Update Mobile Version LEAD STORIES SENSEX ENDS FLAT ON WEAK MONSOON FORECAST Sensex closed at 17,550.63 points as below normal monsoon forecast sent fears of a possible economic slowdown. Nifty ended flat at 5,278.30 points. read more ALL-PARTY MEETING ON LOKPAL BILL ON JULY 3 An all-party meeting to discuss the government and civil society drafts on the proposed Lokpal Bill will be held on July 3. read more TOP STORIES • Cracks in UPA over bringing PM under Lokpal • Take prompt action against tax evaders says FinMin • CBI reminds TRAI to assess loss in 2G scam • Kolkata HC rejects Tata Motors plea on Singur bill • Arun Maira questions Tata's Singur approach • Govt orders probe into ex-CJI Balakrishnan's assets • SEBI to make disclosure of AUM mandatory for MF • ONGC overstated reserves in KG basin block: Cairn • Engineering exports up 119% to $7.9 bn in May • MRF declares lockout at Kottayam plant • Tata Steel gets $130 mn settlement in Teesside dispute • Coal India to invest Rs 1,000 cr in mutual funds • Blackberry launches Playbook in India at Rs 32,000 • Toyota Etios Liva launch on Jun 27, to cost Rs 4-5 lk • Sai Baba money trail: 2 trustees get legal notice • All-party meet on Women's Bill fails to make progress • Ban Ki-moon re-elected as UN Secretary General • Greek PM wins crucial vote, but outlook remains dire • 120 new Indian cos open offices in S'pore every mth • Cannes 2011: First gold comes India's way on day 3 more stories TOP VIDEOS Greece Will Default At Some Point And We Have To Wait And See What The Manifestation Of That Would Be: James Chirnside, MD, Research & Investments, Asia Pacific Asset Management SEBI Is Looking At Some Way To Incentivise Mutual Fund Distributors, Regulations To Be Introduced In A Non-Disruptive Manner: UK Sinha, Chairman, SEBI Focus Would Be On Doubling Existing Capacities, Increase Innovations And Introduce New Categories: Antonio Helio Waszyk, Chairman & Market Director, Nestle India AT A GLANCE BSE 17550.63 -9.67 NSE 5278.3 +2.45 TURNOVER Rs. 109,456 cr BSE CASH Rs. 2,183 cr NSE CASH Rs. 8,713 cr NSE F&O Rs. 98,560 cr BULLION GOLD 22743 +84 SILVER 54462 +29 CRUDE NYMEX 102.25 -0.08 BRENT 112.27 +1.32 FOREX $ / Re 44.82 -0.03 £ / Re 72.236 -0.12 € / Re 64.572 +0.45 EVENTS 23-26 June Auto World Expo, Chennai Trade & Convention Centre, Chennai 23 June Release Of The 15th Annual World Wealth Report Of Merrill Lynch Wealth Management & Capgemini, ITC Grand Central, Mumbai 24 June The Real Estate Conclave, Taj Mahal Palace, Mumbai Conference On Mining, Opportunities & Challenges, Taj Deccan, Hyderabad 27-28 June 4th Annual Conference On Solar Power In India, ITC Maurya, New Delhi EXPERT VIEWS "Jindal's have put up things there, they said they didn't have any problem in getting the land there...if Jindal's can find enough to build up the steel plant in West Bengal so why could Tata's not find enough land to put up a car factory?" Arun Maira Member, Planning Commission "SEBI is working towards making MF industry disclose their AUM for a retail investor to understand. If you are making a particular scheme, it is important for a retail investor to know what has been the track record of the fund manager. We see no problem in disclosing that." UK Sinha Chairman, SEBI "We are not interested in a parallel government. The nexus between the bureaucracy and the politicians is more dangerous than the Pakistan threat." Anna Hazare Social Activist WATCH OUT Bazaar Morning Call Hosted by Udayan Mukherjee and Mitali Mukherjee, Bazaar is the benchmark market opening show in the country. Widely acclaimed and winner of leading industry awards, Bazaar sets the tone for the trading day for millions of Indian investors. SHOW TIMINGS Weekdays 8am