Nifty ends off lows; oil & gas, tech, pharma down

	Dated:05 September,2011

Market Round-up SENSEX 16713.33 -108.13 NIFTY 5017.20 -22.80 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Shree Ashtavinayak Cine V 5.90 + 20.41 J Kumar Infraprojects Ltd 109.15 + 19.88 Sharyans Resources Ltd. 57.25 + 18.04 BF Utilities Ltd. 515.10 + 17.09 Satyam Computer Services 76.10 + 15.65 NSE Losers Scrip Price(Rs.) %Change Brooks Laboratories Ltd. 61.50 -38.50 Hind Syntex Ltd. 2.75 -23.61 Everonn Education Ltd. 280.55 -19.99 Sambhaav Media Ltd. 1.20 -17.24 Nahar Poly Films Ltd. 22.40 -11.46 Top Headlines Nifty ends off lows; oil & gas, tech, pharma down Benchmarks snapped three-day winning streak and ended in the negative territory as weak global cues dampened sentiments. TCS bids $500 mn for 80% stake in Lufthansa IT Systems Lufthansa is looking to sell close to 80% stake in the captive unit while employees and management of the company are likely to retain remaining stake. Indian equities can't outperform global market peers: Brics Securities In an interview with ET Now, Vivek Mavani, Vice President-Institutional Equities, Brics Securities, talks about the market. Excerpts: Views on Stocks/Markets Indian mkts may rise 3 times: Manish Chokhani Mkt to remain volatile in short term: Deven Sangoi Mkt valuations looking attractive: JP Morgan IPO/Global Markets PGE IPO at Rs 190-210/share ONGC to launch $2.5 bn FPO NSDL to take steps for IPO scam Rupee / Gold Rupee down on broad $ gains Gold at high of Rs 28,350/10 gm Gold rises on worries over US growth More 'Market' News World markets fall on renewed US recession fears World stock markets took a beating on Monday after a report showed U.S. companies stopped hiring in August, reviving fears that the world's largest economy is heading back into recession. High inflation, interest rates dent equity funds in August All diversified equity funds, which have been the most consistent performers in the past, slipped in the month of August. Morgan Stanley MF launches liquid fund similar to shot-term deposits The objective of Morgan Stanley Liquid Fund is to generate returns, with low risk and high liquidity through a portfolio of money market.