Sensex ends 285 points up; JP Associates, Infosys, Wipro surge

Sensex ends 285 points up; JP Associates, Infosys, Wipro surge
	Dated:14 September,2011

Market Round-up SENSEX 16709.60 242.16 NIFTY 5012.55 71.60 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Indosolar Ltd. 10.40 + 18.18 Electrotherm (India) Ltd. 142.90 + 17.42 Euro Multivision Ltd. 8.45 + 16.55 Vikash Metal & Power Ltd. 11.80 + 15.69 Remsons Industries Ltd. 25.40 + 14.41 NSE Losers Scrip Price(Rs.) %Change Indus Fila Ltd. 15.55 -13.61 GTL Ltd. 61.40 -10.69 Krishna Engineering Works 3.70 -8.64 Birla Ericsson Optical Lt 12.85 -8.21 Brooks Laboratories Ltd. 33.60 -8.20 Top Headlines Sensex ends 285 points up; JP Associates, Infosys, Wipro surge Benchmarks snapped three-day losing streak and closed above intermediate resistance levels buoyed by positive cues from European peers. Need positive triggers to change sentiment in India: KV Kamath "I do not see it coming down to levels which causes concerns. It did not happen post-Lehman and I do not think it will happen at this point in time," said Kamath. Foreign funds invested nearly Rs 1,800 cr this month Foreign funds invested nearly Rs 1,800 crore in the Indian stock and debt market during the first nine trading sessions this month, according to Sebi. Views on Stocks/Markets Wait and watch steel stocks: Mitesh Thacker Buy Infosys: Ashwani Gujral Short on Jet Airways: Vijay Bhambwan IPO/Global Markets European shares turn positive Tokyo stocks end at 29-mth low Prakash Constrowell IPO on Mon Rupee / Gold Re off lows on local shares Gold edges up in futures trade Gold dips on global cues More 'Market' News TCS, Cognizant race ahead of Infosys, Wipro: Brokerage firms "A clear separation between the leaders and laggards is emerging, with TCS and Cognizant racing ahead of Infosys and Wipro," said a brokerage firm analyst. India to maintain 20 per cent euro investment holding ratio: Source ndia holds around 20% of its foreign currency assets in euro debt and aims to maintain the proportion going ahead, a senior official directly related to the matter said. Reliance Capital gets nod for 26% stake sale in Nippon Life Insurance Reliance Capital said on Wednesday it had received regulatory approval to sell a 26 per cent stake in its insurance business to Japan's Nippon Life Insurance.