Sensex ends below 18450; capital goods, power down

	Dated:27 July,2011

Market Round-up SENSEX 18432.25 -85.97 NIFTY 5546.80 -28.05 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Panasonic Home Appliances 161.50 + 20.03 PI Industries Ltd. 1,116.70 + 20.00 Wendt India Ltd. 1,946.00 + 20.00 Maral Overseas Ltd. 15.30 + 15.04 Hercules Hoists Ltd. 353.60 + 13.10 NSE Losers Scrip Price(Rs.) %Change Rushil Decor Ltd. 130.70 -19.99 Kanoria Chemicals & Indus 44.75 -13.69 Agro Dutch Industries Ltd 10.05 -9.46 Shree Ashtavinayak Cine V 4.25 -8.60 SKS Microfinance Ltd. 479.85 -8.12

Top Headlines Sensex ends below 18450; capital goods, power down Benchmarks ended in the negative terrain for second straight session, ahead of the July series F&O expiry as 50 basis points rate hike spooked sentiments. SBI, ICICI Bank will soon hike rates; shares drop State Bank of India, India's No 1 lender reconfirmed the growing fears of passing on rate hike pressure to the consumers in near future. HCL Tech geared up for Battle Royale in coming months: CEO I do not expect that in the next year we will be expanding our margins. At the best we will be maintaining our margins: Anil Channa, CFO, HCL Technologies. Views on Stocks/Markets Nifty momentum appears on the bearish side: Sudarshan Sukhani Go short on Indian Bank: Sandeep Wagle 867 a decisive level for Bank of Baroda: Rajat Bose IPO/Global Markets Nikkei falls on US debt woes European shares fall further L&T IPO subscribed 0.09 times Rupee / Gold Rupee off 35-month high Gold hits record high Gold may test Rs 23,500 in Q2 More 'Market' News Hexaware Q2 net jumps four-fold to Rs 60 crore Shares of Hexaware Technologies surged 5.15 per cent to hit a one-year high of Rs 83.70 in the early trade on the BSE. Canara Bank shares down as June quarter net falls Shares in state-run lender Canara Bank extended fall to over 5.5 percent after the company reported a 28 percent fall in April-June net profit, dealers said. BHEL slips nearly 9 per cent in two days on Q1 results BHEL slipped 4.3% at Rs 1,821, extending Tuesday's 4% fall, after reporting its lowest YoY net profit growth in the last nine quarters.