RBI may hike rates as food inflation surges to 10.05%

	Dated:September 01,2011

Market Round-up SENSEX 16676.75 260.42 NIFTY 5001.00 81.40 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Shree Precoated Steels Lt 4.95 + 20.73 National Steel and Agro I 14.70 + 20.00 Man Industries (India) Lt 145.60 + 16.94 State Bank Of Mysore 609.75 + 16.13 Bharati Shipyard Ltd. 104.45 + 15.09 NSE Losers Scrip Price(Rs.) %Change Simplex Infrastructures L 229.80 -10.00 Visesh Infotecnics Ltd. 3.70 -9.75 Gangotri Textile Ltd. 4.20 -9.67 Hydro S & S Industries Lt 18.65 -9.46 Today's Writing Products 5.05 -9.00 Top Headlines RBI may hike rates as food inflation surges to 10.05% After a gap of over five months, food inflation entered the double-digit zone, with Finance Minister Pranab Mukherjee describing the trend as "disturbing". World stocks slide on poor Europe data Global markets kicked off September in a grim mood with poor Euro data prompting a regional sell off ending a 4 day winning streak World will witness anxious times as US power declines and China's rises The armed forces of both nations are deeply suspicious of each other. China is fervently working to expand its military reach and the US, to contain it. Most Read Story Salman Khan's Bodyguard sets record for first-day box office collections of Rs 20 crore It netted an estimated Rs 20 crore, beating the Rs 14.5-crore opening of Dabangg, and the Rs 13.5 crore collected by Aamir Khan's 3 Idiots in 2009. Most E-mailed Story World should follow India & Japan in cloud computing: Vivek Kundra, Chief information officer, US Vivek Kundra, US' chief information officer says that govts around the world are wasting billions of dollars on unnecessary IT. Most Commented Story Lokpal stir: Anna 'propped up as saint', says Arundhati Roy Arundhati Roy on Tuesday cast doubts over Anna Hazare's anti-graft campaign saying the civil society's Jan Lokpal Bill is a "dangerous piece of legislation". Latest Updates C&W Communications boosted by Deutsche Bank 'buy' 'Good monsoon will help moderate food inflation' Facebook plans to add music services: Report Europe rejects IMF call for more bank capital