Sensex ends 567 points higher on positive US outlook; gold tumbles

	Dated:29 August,2011

Market Round-up SENSEX 16416.33 567.50 NIFTY 4919.60 171.80 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change VLS Finance Ltd. 11.75 + 19.29 LGB Forge Ltd. 2.60 + 18.18 Bajaj Finserv Ltd. 577.75 + 15.20 Mercator Lines Ltd. 24.40 + 14.02 Patel Engineering Ltd. 101.65 + 12.13 NSE Losers Scrip Price(Rs.) %Change Dhanus Technologies Ltd. 4.05 -69.08 J B Chemicals & Pharmaceu 96.45 -31.62 Visesh Infotecnics Ltd. 4.10 -19.61 Ausom Enterprise Ltd. 33.25 -11.33 Bodal Chemicals Ltd. 18.45 -9.78

Top Headlines Sensex ends 567 points higher on positive US outlook; gold tumbles The upsurge was led by software technology exporting companies on expectations of better earnings after the Federal Reserve said the US economy is poised to grow. EMs safest bet; commodities will trend upwards: Mark Mobius Mark Mobius, Executive Chairman, Templeton EMs Group, explains why does he think that emerging markets are safe havens. Maruti Suzuki slips over 1% on production hit woes The shares of Maruti Suzuki Ltd pared their morning gains and slipped over 1% on concerns of further production cut. Views on Stocks/Markets Invest on blue chips: Mitesh Thacker Buy Hero MotoCorp: Sudarshan Sukhani Do not buy ADAG Group stocks: Sudarshan Sukhani IPO/Global Markets World stock mkts rise European shares rise Asian stock mkts rise Rupee / Gold $ declines against rupee Gold down by Rs 600 Gold snaps 3-day gains More 'Market' News Sensex regains 16,000 level, up around 400 points Brokers attributed the widespread recovery in stock prices to a firming trend in other Asian markets on the back of gains recorded in the US market. Reliance Broadcast in talks to raise Rs 3-4 billion Reliance Broadcast is in talks with a clutch of private equity investors to raise Rs 3-4 billion via a fresh share issue. HSBC cuts Sesa Goa target on mining ban HSBC has cut target price of Sesa Goa to 220 rupees from 320 rupees and retained "neutral" rating on the back of the mining ban