Sensex surges by over 1.3% on second bailout for Greece

	Dated:22 July,2011

Market Round-up SENSEX 18722.30 286.11 NIFTY 5633.95 92.35 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Gujarat Lease Financing L 4.95 + 20.73 Sita Shree Food Products 8.90 + 20.27 Amrutanjan Health Care Lt 883.60 + 16.92 Praj Industries Ltd. 93.65 + 15.98 Venus Remedies Ltd. 254.35 + 15.61 NSE Losers Scrip Price(Rs.) %Change JCT Electronics Ltd. 1.20 -22.58 Shree Ganesh Jewellery Ho 174.60 -20.00 Bharat Rasayan Ltd. 100.20 -9.65 Global Vectra Helicorp Lt 22.95 -8.02 Software Technology Group 5.30 -7.02

Top Headlines Valuations returning to Indian markets; not yet overweight: JP Morgan Investors can be a little bit patient before returning to an overweight in the Indian market, says Geoff Lewis of JP Morgan Asset Management This was the worst quarter: Motilal Oswal Market conditions are going to be slightly better than what we have seen in the past, says Motilal Oswal of Motilal Oswal Financial Services. Sensex surges by over 1.3% on second bailout for Greece News of a second bailout package for Greece and plans to prevent the sovereign debt contagion from spreading to other European countries boosted markets. Views on Stocks/Markets Petronet LNG, IGL good momentum stocks: Deepak Mohoni Allahabad Bank a trade for the long side: CK Narayan Bullish on Bharti Airtel: Mehrab Irani IPO/Global Markets Greek bailout deal boosts Asian stocks L&T Finance IPO to raise Rs 1,245 cr European stocks firm at open Rupee / Gold Re gains 15 paise against dlr Gold down 0.1 per cent Gold down on global cues More 'Market' News RIL surges 2% on bourses; adds over Rs 4,191 cr to m-cap The country's most valued company is scheduled to announce the financial results for the quarter ended June 30, 2011 on July 25. Akzo Nobel hits record high on bourses on robust Q1 numbers Shares of paints and coatings maker Akzo Nobel India surged to a record high on the bourses after the company posted good Q1 numbers. NHPC signs MoU with Orissa Hydro Power;stock up NHPC has signed a memorandum of understanding with Orissa Hydro Power Corporation and Govt of Orissa for setting up a joint venture company.