Sensex ends below 15700; retail surge on FDI approval

	Dated:25 November,2011

Sensex ends below 15700; retail surge on FDI approval According to experts, the market is likely to head lower from here and will take some time to recover due to global economic woes. Bharti Telecom buys 14.93 lakh shares of Airtel for Rs 54.51 crore Bharti Telecom, majority stakeholder in Bharti Airtel has purchased 14.93 lakh shares for Rs 54 cr , through open market transactions. Markets still facing possibility of downside risk: Nick Paulson-Ellis, Espirito Santo Securities There is a debate of risk on, risk off at the moment and that performing will continue to form in volatile times, says Nick Paulson-Ellis of Espirito Santo Securities. Market Round-up SENSEX 15695.43 -163.06 NIFTY 4710.05 -46.40 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Delta Magnets Ltd. 36.95 + 34.36 V2 Retail Ltd. 22.70 + 20.11 Salora International Ltd. 22.50 + 20.00 Celebrity Fashions Ltd. 5.75 + 19.79 STEL Holdings Ltd. 13.40 + 18.58 NSE Losers Scrip Price(Rs.) %Change Kriti Industries (India) 4.40 -20.00 Nicco Corporation Ltd. 1.55 -18.42 Unity Infraprojects Ltd. 23.05 -17.53 Novopan Industries Ltd. 36.60 -12.65 Transwarranty Finance Ltd 11.70 -10.00 Views on Stocks/Markets Investment theme in India right now is poor: Rajan Malik Market might stop falling for the next few days: Mitesh Thacker Market might see slightly higher levels next week: Mehraboon Irani IPO/Global Markets European shares drop Asian shares, euro fall Italy launches bond sale Rupee / Gold Gold continues to fall Rupee ends down Gold may fall 3.5% in Dec More 'Market' News Pantaloon is the best stock in retail: Rajat Bose "...overall the best stock, the most from according to relative strength it is Pantaloon and after that it would be Shopper Stop. Trent and Vishal Retail not so much." Sobha Developers will rise over next 30 days: Morgan Stanley Morgan Stanley believes that Sobha Developers share price will rise in absolute terms over the next 30 days. Shares of Pantaloon, Shopper's Stop, Trent rally, but concerns emerge Shares of Pantaloon, Shopper's Stop, Trent up after the government moved to liberalise foreign investment in the sector.