Gold crosses Rs. 28,000-mark on frantic buying

Gold climbed to an all-time high of Rs. 28,150 (10 gram) in the Delhi Bullion market on Friday, posting its biggest-ever single-day gain of Rs. 1,310 amid frantic buying triggered by robust demand in global markets. Trading sentiment at home was bolstered by gold's ascent to a record level in overseas markets as mounting concerns over sovereign debt and slower growth spurred investors to seek the perceived safety of bullion as an investment haven. 

Gold rose to an all-time high of $1,867.95 an ounce in London, with investors preferring to hedge their funds amid melting global equity markets in the wake of worse-than-expected US economic data, coupled with growing concerns over Europe's debt crisis. 

All-India Sarafa (Bullion) Bazar Association President Sheel Chand Jain said the jump in gold prices in a single day was the biggest in the metal's history, adding that a further rise was expected as investor buying picks up.

The trend at home was more influenced by the international price of gold, though scattered local buying for the coming marriage season was an additional factor boosting demand for the shiny metal, he said. 

 On the domestic front, gold of 99.9 and 99.5 purity spurted by Rs. 1,310 each to Rs. 28,150 and Rs. 28,000 per ten gram, respectively. Sovereign followed suit and surged by Rs. 1,100 to Rs. 22,400 per piece of eight gram. In a similar fashion, silver ready surged by Rs. 1,500 to Rs. 62,800 a kg and weekly-based delivery by Rs. 1,920 to Rs. 62,690 a kg. Silver coins flared up by Rs. 1,000 to a fresh high of Rs. 69,500 for buying and Rs. 70,500 for selling (100 pieces).

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Sensex falls for fourth week in a row, tanks 698 pts

Stock Market, BSE and NSE, Monday, August 15th, the 'Independence Day', the account was closed. Increased selling by foreign institutional investors (FIIs) was one of the major reasons for the unrest. 

Over Rs 2,000 crore by foreign institutional investors pulled out this week, for more than seven thousand six hundred crore in August, taking the total so far. 

Enduring European debt problems and suspected U.S. economic data released on Thursday, signaling the slowdown of the world, is going to upset the sentiment around the world. 

Domestic front, high inflation and rising interest rates, which may limit corporate profit growth, continued to weigh on the market. Recession from July 26 to 50 basis points when the Reserve Bank raised key lending rates, the market is high expectations. 

Situation was exacerbated by external factors. RIL, Infosys, ICICI Bank, SBI, Tata Motors, Tata Steel, Jindal Steel, Sterlite, Wipro, Hindalco, Tata Power shares his new 52-week lows as Sensex key logged. Bombay Stock Exchange 30-share bellwether index resumed higher at 17015.99 down to 16,000 but later dipped to a low of 15987.77, a net loss of 697.96 points or 4.14 per cent May 25, 2010, after at 16141.67, the lowest closing before the end of its previous weekend's close.

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A river which flows is still gold

The Indian market is poised to become the gold Tis Hazari.The river now flows from the mountain garland gold in the water and sand coming, the people are removed. Gold duly awarded by the district administration is taking. You will hear some strange sounds. 

But the river Sone river in ancient times was called by the name so that the gold particles are carried away. The Sun River, draining into the river Yamuna passing through different areas of Yamunanagar is very massive havoc. But with the large quantity of gold particles induces shedding. 

Somndi experienced contractor to extract the gold particles are on the wage. The only way to keep cool and this is very manual and very understanding. Czech soil sampler is first the river is where the gold particles. Where and where much less. Then they go back to work.

But now there are very few particles of gold to remove the sampler. Now only one contractor is left to the task. This season he has been awarded to the contractor in a million 22 thousand. The contractor will remove the gold from him.

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U.S. signs of relief, market rally will come back?

Nervous investors around the world are planted directly at America. He is counting on dollar strength.Wednesday is expected to start in India and will give relief to investors. However, bear in India has some loose its grip on the market today. 

U.S. Federal Open Market Committee (Fomsi) this was before the meeting. The result of that meeting Fomsi bear for some time will determine the direction of stock markets around the world. Asian Market Show bullish trend in Asian markets Wednesday. 

In early trading the major markets of Asia, Hang Seng and Nikkei are trading with gains. Hang Seng is trading up about 4 per cent. Nikkei up 1.25 per cent while also doing the business. U.S. There is a relief rally Tuesday in the U.S.. The Dow Jones closed up 429 points. The Sऐndpi closed up nearly 5 percent. Wednesday will have an impact on Indian markets.

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Market recovery, Sensex above 17,000

U.S. credit rating is damaged the credibility of the impact on stock markets around the world, one was on Monday. Indian market opened with steep declines. Sensex opened down nearly 500 points. Earlier, in other major Asian markets has declined drastically. 

However, after 12 noon sharp recovery seen in the market. Sensex is trading above 17 thousand. However, market analysts are saying that the Sensex fell to 15,000 in the next few days could reach. 

Afternoon @ 1:00 pm After a sharp fall in Indian markets have seen sharp recovery. Finance Minister Pranab Mukherjee's statement is helpful in recovery. He said that Indian markets are strong and will not have much impact on India of U.S. weakness. About 4 hours 16, after trading below by 000 and 17, is trading above 000. Sensex down 145.45 17, is trading at 160.42. Nifty is trading at 5184.55 down 26.70 points. 

Morning @ 11:00 am BSE Sensex's fall of 482.44 points is trading at 16823.43. The NSE Nifty is trading at 5072.15 down 139.10 points. TCS, Reliance Industries, Infosys, Bharti Airtel, ICICI Bank and ONGC 2-5 per cent as recorded in the heavyweight stocks. 

Wipro and HCL Tech have seen weakness in the 7-8 per cent. BPCL and GAIL are gainers. 

 Early trade Indian market opened with steep declines on Monday. Show selling pressure during early trading in the market. Fall of 465.76 points in early trade with the Sensex is trading at 16840.08. Nifty is trading at 136.55 points down to 5074.70. Major companies, HCL, TCS, Tata Motors and Wipro's shares have declined the most. GAIL and BPCL edge in the exhibit this fall.

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ONGC Q1 Net Up 12% At Rs 4095 Cr

State-owned Oil and Natural Gas Corporation (ONGC) today reported 12% increase in net profit for the quarter ended 30 June, even after their fuel support payments more than doubled.

April-June net profit rose 11.9% to Rs 4,095 crore, ONGC chairman and managing director AK Hazarika told reporters here.

"Our gross sales realization on crude oil $ 121.29 per barrel in Q1, but after that the support of our discounts and net realizable value was only $ 48.76 per barrel, almost as if the net realizable value in the same period last fiscal year," he said.
ONGC and other upstream companies account for less than a third of the proceeds from the sale of the refinery to remove diesel, domestic LPG and kerosene below cost. This will help in the form of discounts on crude oil refinery ONGC sells.

In Q1, fuel assistance payment of Rs 12,046 crore was more than twice the Rs 5,515 crore in the same period last year, he said.

Hazarika said the increase in profitability due to an increase in crude oil production joint venture projects, such as Cairn India Rajasthan fields.

He added that Rs 728 crore had more income, because the increase in production from fields in the joint venture. Also, higher gas prices Rs 955 crore in additional revenues.

ONGC crude oil output fell by 2%, including 5.933 million tonnes and the results of their joint venture projects was to show 2.3% rise to 6,758,000 tons.

Natural gas fell 2.7% to 5.603 billion cubic meters.

ONGC Director (Finance) DK Sarraf said the company paid a royalty of Rs 546 crore Cairn India Rajasthan crude oil in April-June quarter.

Cairn India has 70% stake in oil fields in Rajasthan, but do not pay a license fee. ONGC paid Rs 235 crore of its shares and 30% for RS 546 crore Cairn India.

Last financial year, ONGC has paid Rs 1,290 crore on behalf of Cairn India.

Turnover in April-June were up 18.7% to Rs 16,268 crore.

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Rupee Closes At Over 3-Month High Against Dollar

After touching a peak of nearly three years during the day, closed on Wednesday 10 Pais to therupee 44.08/09 - three and a half month high - against the U.S. currency higher U.S. dollar selling by banks and exporters.

In a see-saw trade Interbank Foreign Exchange (Forex) market, local currency opened strong dollar yesterday's closing of 44.09/10 44.18/19.

In intra-day touched the 43.85 level, which was last seen in the 29 August 2008, when the local unit had met the highest 43.71.

Rupee concluded 44.08/09 days. Forex dealers attributed the initial sharp rise in local currency, constant dollars, some banks and exporters to sell U.S. dollars asweak well as abroad.

New York market, the U.S. dollar weakened against many currencies yesterday, touching a record low against the Swiss franc and Japanese yen, near the recent low in comparison, they said.

But at the end of a good importer demand for U.S. dollar and weakness in the later part of the day local shares weighed rupee, dealers added.

Alpari Financial Services (India) CEO Pramit Brahmbhatt said: "Today, the rupee rose to 35-month high in intraday trading, closed these cues in the global markets where the dollar traded slightly against major currencies in Indian stock markets almost half a percent lower today, somewhat truncated rupee from it .. "

India's Forex Advisors managing director Abhishek Goenka said: "The weak U.S. dollar trading abroad has increased the strength of the local unit."

"It should be noted that despite the rupee break the strong support level of 43.98 could not sustain its gains and closed more than 44 levels. This was mainly due to the euro and to withdraw from the local stock market," Goenka added.

The dollar index back to its initial losses and was trading 0.17 per cent against the basket of currencies during New York crude was trading below $ 99 barrel in the market today.

Meanwhile, Bombay Stock Exchange SENSEX comparing, after losing almost 353 points yesterday closed 86 points lower, or 0.46 percent.

Premium dollar to rupee ended lower by exporters of fresh Receiving. Benchmark six months ahead U.S. dollar premium payable in December hit weak 123-1/2- 125-1/2 Paisa Paisa 124-1/2-126-1/2 from yesterday.

Far-end futures contracts maturing in June and completed before the end of last 230-1/2-232-1/2 Paisa Paisa 232-234.

The RBI fixed the reference rate for U.S. Dollar Euro Rs 63.6663 and Rs 43.9485.

Rupee back to Rs 72.13/15 against the British pound from Tuesday close of Rs 72.46/48 and also returned to Rs 63.70/72 per euro earlier Rs 63.99/64.01.

However, it fell against the Japanese yen to Rs 56.66/68 per 100 yen at the end of the previous expiry of Rs 56.58/60.

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Audi A8 L W12 quattro Launched

500 horsepower 6.3-liter W12 engine, 1400 watt 19-speaker Bang & Olufsen stereo system, quattro center differential, an aluminum space frame, passenger cabin, with lots of leather and some wood. This is the new Audi A8 L W12 quattro you

A8 is the top of the line Lexus, Audi for a while. For those of you who have not seen the A8, it's a pretty long way. Most luxury car manufacturers to make a preliminary state of the line luxury sedan, and then start the long version with more leg room and kit. Audi will skip all this and immediately started A8 L.

Simply put, it's as if someone has put a very expensive part of the living room back to all the new A8. And it's pretty nice living too. Valonea leather cabin is parked plant extracts that make it particularly soft. The dashboard is finished in piano wood. Audi offers optional leather and wood in the center console, instrument panel, which stretches in the middle rear seat back. Head restraints and the gear selector lever is adorned in his leather leather quality tempered. If you go to this option instead of the back two seats behind you have a refrigerator, mounted cabinet on top to keep a set of glasses. The back of the center console, rear air conditioning with separate controls.

It is also mandatory, executive suite, "which packs in electric adjustable heated and cooled rear seats that can rest fully adjustable lumbar support. The passenger seat can be moved from the rear and electric foot rest would seem to be tired feet can be placed on the tray. The passenger seat has a massage function, by the way. Two 10.2-inch display is the rear seat entertainment.

The quality workmanship of the materials used in the A8 L W12 interior is top of the line. Stitched fine leather, aluminum inserts, outdoor lighting and switches with the exact millimeter gap is impressive. Panorama sunroof that gives a very airy feel of a cabin with two separate panels of glass are available for selection.

All the equipment and A8 L W12 options can fool you into thinking that this is a luxury yacht on wheels. Make sure, however, no evidence of W12 collection of letters and numbers. W is for four series and 12 of a total of 12 cylinders, three in each row. Audi has used W12 layout at a time now because of the location of its 12 engines are extremely compact. The entire engine is 50 centimeters long, which is shorter than the V8 engine.

Latest 6.3-liter W12 engine is a device that makes 500 horsepower. It can be a big limousine pulled it from 0-100 km / h in just 4.7 seconds, which is sports car territory! Unfortunately, the car a top speed electronically limited to 250 km / h, but look at it this way, the living room is not 250 km / h. The 625 nm peak torque is available at a very useful 3,250 rpm. Transmission of the A8 L W12 is the eight-speed tiptronic system, which moves the wire. Gear shift can be done through the hunt-style gear selector or paddles behind the steering wheel.

Center differential that is the main component of the Quattro all-wheel drive system uses power ratio 60:40 according to the front wheels and rear wheels under normal conditions. Should the need arise 60% of the energy can be sent to the front wheels to get traction, and if you have any mood limo power system can send the slides as much as 80% of engine power to the rear wheels.

A8 L is the body made of aluminum, using the Audi Space Frame (ASF) principle. This means that the body is 40% lighter than equivalent steel body. The light weight will keep the environmentalists happy and more rigid aluminum body keeps the fans happy by giving more precise handling. Furthermore, the A8 L W12 a rigid aluminum space frame also makes your health insurance company happy, increases the passive safety of the occupants in the event of an accident.

Audi A8 L W12 from the outside can be distinguished from other models in the line up finished with a glossy black frame grille with chrome horizontal bars are chrome-plated semi-circular air intakes and side mirrors. If it is not NOK, front grille and rear emblems W12. There are two trapezoidal tailpipes integrated into the rear bumper right. The car also comes with bespoke 19-inch 15-spoke aluminum wheels. Back doors are even more easily enter and exit.

Rate Audi A8 L W12 is not surprising in India is Rs. 1,26,56,000. And if you think it's a little dramatic here, said the driver Audi India, Michael Persche, "In January this year, choose an experienced W12 for the first time in the World Economic Forum in Davos Globally, the Audi A8 L W12 received overwhelming response, and the first batch of 20. W12s India is almost sold out. "

Michael Pershke went onto say "The new A8 L W12 perfect for your powerful presence and a clear design of the brand genes are concentrated in high-tech package that Audi confirms the claim of technical leadership -" Vorsprung durch Technik "In addition to a powerful engine in India further order of the Audi A8 L. strengthen our position in the limousine segment.'ve already registered an exceptional growth in 2011, I am sure that all new Audi A8 L W12 rises and sets new standards for luxury and performance in engineering India. "

Motoring enthusiasts are very easily intimidated by the ridiculous executable variety of battery-powered hatchback. Every once in a while, when the manufacturer comes along and launches insanely powerful car we sit up and take notice. The Audi A8 L W12 quattro has been our focus.

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Bharti Airtel Raises Its Mobile Call Rates

India Telecom shares rose as much as 16 percent of the teams on Monday, after Bharti Airtel raised a number of telephone charges, a move that could mark a turning point in the market, where mobile call rates are among the cheapest in the world.
India's mobile market is among the world's fastest growing major economy in the number of subscribers, but strong competition is ignited by the price war in the past three years, which has squeezed margins for operators.

Bharti said the price increase, which is India's leading mobile operator, has reported five straight quarterly decline in net profit, has been seen as an important step to revive the fortunes of the industry, analysts said.

"We see an increase in the tariff market leader Bharti as a fundamental change in the sector is taking our concerns about commodity prices lift the industry," said telecommunications analyst at Religare.

It is expected that the example of Bharti's main competitors in the coming weeks.
"We believe that such an increase is sustainable and expects Bharti to replicate the trend for all categories of products within the next few months, and circles. In addition, we expect the competition to follow. It turns out that the process has already begun," says Rajiv Sharma, telecoms analyst at HSBC.

Bharti is a move was welcomed by investors, who went on a spree to buy telecom shares on Monday, pushing up the whole sector.

Shares of Reliance Communications, the second largest operator by subscribers, and the flagship company of Anil Ambani business empire, rose 14.9 percent, having increased from 16 percent in early trading on the Bombay Stock Exchange. In the meantime, rose 5.37 per cent of Bharti and Idea Cellular, the fourth largest carrier, rose 7 percent. Vodafone is not listed in India.

More than 850m subscribers in May of the Indian companies have historically focused on expanding the user base to increase profit. Since 2009, cut illegal companies prices to a record low level in the second half paisa - 100 paisa is the rupiah, or just over 100 percent of the U.S. - the subscriber number has grown 46 percent, but revenues have risen only 13 percent.

But because of customer growth has slowed over the past quarter, companies are forced to change strategy to keep revenues growing, analysts said.

"The decline of the decline in subscriber additions and subscriber net addition of new players to emphasize that the game has changed to increase the share of wallet, clocking in subscriber numbers," says Sharma is HSBC.

India's six largest operators paid between $ 1.8 and $ 2.6 in 2010 to win the third-generation mobile phone spectrum, as they had hoped to offer more value and high revenue-generating applications. But analysts believe India will be several years before the 3G market will generate significant revenues to increase their overall margins.

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Markets Get Global Boost, Sensex Rises 286 Points

Markets ended on an optimistic note following positive news from the European Union, Greece's dry, and gains in bank shares after the Axis Bank announced better than expected results.

Nifty open green and moved steadily higher in 5577, supported front-line bank shares rally - Axis Bank, ICICI Bank and Punjab National Bank. 5642 index touched the highest in the afternoon and ended near days high 92 points to 5634. Concentrated in the SENSEX 286 points 18 722

Going forward, the markets will take cues Reliance Industries earnings on Monday and the Reserve Bank of India's tight Tuesday. Economists expect the RBI to break the cycle of high interest rates when it meets Tuesday, after raising prices by another 25 bps. The government has raised interest rates ten times in the past year, including high inflation.

On the global front, pepped European Union, the other for dry Greek $ 1570000000 up the risk in equities and indices of appetite notch a total of more than 1% growth in Asia. Japan's Nikkei Stock Average of 1.2%, jumped Hong Kong's Hang Seng index 2.1% and China's Shanghai Composite rose 0.2%.

Back in India, banking sector, investors got shares in Axis Bank announced a rise of 27%. Net income advanced Rs 942 crore in the quarter compared with Rs 742 crore last fiscal. Net interest income reported at Rs 1724 crore. Stock concentration of 5% after the results at the end of Rs 1296th

Axis Bank announced better than expected results prompted interest in buying shares in other banks including Union Bank, up to 5%, Yes Bank and ICICI Bank up 3.7% to 2.6%, pulling the BSE Banking index up 2.2% .

Among individual stocks, ended Bharti Airtel at Rs 411, 4%, after touching 52 weeks max Rs 412 after reporting 20% ​​hike in tariffs from 1 Paisa Paisa 1.2 per second, some circles.

Reliance Industries rose 1.5% to Rs 873 on expectations of a cabinet nod for RIL-BP (British Petroleum) deals worth $ 7200000000th Meanwhile, oil and gas conglomerate is expected to report a 15% increase in net profit of Rs 5,600 crore, driven of sales growth of 29% in June.

Rate sensitive auto stocks were also among the top gainers, index advanced 1.7%. Mahindra & Mahindra was up 3%, 2.6% were Ashok Leyland and Tata Motors added 2.2%.

Top gainers on the SENSEX was Reliance Communication to 3.4%, Infosys received 2.1% and 2% concentration of Bajaj Auto. Only three components of the SENSEX ended in red on the DLF fell 0.4%, Hindalco Industries slipped 0.3% and Jindal Steel fell 0.1%.

From a broader market rose 1.3% MidCap and SmallCap index added 0.2%.

Market breadth was positive, 1,715 shares advanced, 1188 shares that declined.

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Nifty Ends Above 5600; Tech, Realty, Metals Lead

Indian markets broke through the Cross and the session ended with a positive ground advantage in European markets intensified feelings. Upmove led the advantages of technology, property, and as power metal, auto and capital goods shares edged lower.

The benchmarks were opened on a positive note and rank bound in the absence of activity towards the purchase and investors remained cautious side, on the American debt crisis and debt default. Observed movement of certain companies that reported quarterly results. But the positive opening of European markets and benchmarks supported by the difference between a closed above the resistance level of comfort.

According to analysts, investors should be cautious in the medium term is still negative.

National Stock Exchange Nifty closed 5,613.55 up 46.50 points or 0.84 percent. The broader index touched the lowest to the highest level of 5,627.65 5,557.20 in trading today.

Bombay Stock Exchange SENSEX ended 146.83 points to 18,653.87, or 0.79 per cent. 30-share index touched the highest intra-day low 18,481.83 and 18,690.42.

"As long as we trade under the 5700-5750 medium term remains negative. Break below 5496 would have a domino effect and the green trend channel support at 5340 if you can be damaged, opened 5200," said Sarvendra Srivastava, Technical Strategist, Emkay Global Financial Services .

BSE MidCap Index rose 0.41 per cent and BSE SmallCap Index moved 0.82 percent higher.

Among the sectoral indices the BSE IT index rose 1.17 percent, 1.12 percent of the BSE Realty Index and BSE Metal Index moved 0.90 percent higher. BSE Auto Index fell 0.43 per cent, BSE Power Index edged 0.26 percent lower and BSE capital goods Index slid 0.13 percent.

Kotak Bank (2.61%), DLF (2.30%), the Sterling Industries (2.02%), Sun Pharma (1.86%) and Cairn India (1.70%) major Nifty gainers.

HDFC Bank shares hit record high of Rs 519.50 at the beginning of the first quarter before trading. The bank reported net profit of Rs 1,085 crore for the quarter ended June 2011 against Rs 811 crore in the same quarter a year ago. Total income increased by Rs 7,098 crore from Rs 5,410 crore in the same period last year.

Tata Motors (-1.60%) Hero Honda (-1.20%), Maruti (-1.13%), HDFC Bank (-0.79%) and Hindustan Unilever (-0.71%) were among the best losers.

Market breadth was positive with 1691 gainers on the NSE against the losers in 1233

European markets witnessed a pull-back rally and the U.S. will likely follow.

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New Swift to Hit Indian Roads In August

Some organizations exist, as even after reaching the top, constantly striving to improve, it is because they are the competition, as the name of a company in the automotive industry, Maruti, which has been ranked number one in India.

Maruti Suzuki India Ltd is ready to launch its new, improved model Swift in August. It would be like the old new Swift in his first review, but it is quite interesting features, such as the latest interior design, space, and find a lot of problems with the previous model, is to sort out, said IV Rao, Executive Director (Building ), MSIL.

Some of the most exciting features is the ability ZDI, press the stop start, power mirrors, USB and AUX-in, twist Bluetooth.Mootor can get a higher power, and the company could put an automatic transmission, the fuel versiooni.Värvid screen white, black, gray, silver, and a new comp.

The new car is already creating waves in Europe and Japan on the road since last year, but it was put on hold the launch of Maruti, the waiting list to hide the old Swift, and also to see what the competition has to offer them a reference. But now the old generation Swift has been suspended, and the waiting list to be automatically upgraded with a new one.

With fierce competition from the screen, they could not afford the wrong model.

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Sensex Dips 55 Pts On Rate Hike Fears, Weak Global Cues

Compared with the BSE SENSEX fell 55 points on Monday as investors feared a hike in interest rates when inflation is RBI reviews the situation in the middle of next week trend.Bombay weak global stock exchange 30 share index, which fell 56 points the previous session on Monday lost 54.88 points in 18,507.04, a concern that high inflation in June may force the Reserve Bank of India to hike borrowing costs.

Broad National Stock Exchange index Nifty fell by 14.05 points 5,567.05.

Brokers said the weakness in Asia and the lower opening in the middle of Europe, raising concern about the fate of the political negotiations in August, the U.S. debt to avoid default, made $ 14000000000000 financial investors wary.

Furthermore, the failure of banks in eight European settlement in the Banking Committee, the Office of stress tests on the market spiked.

Bearish sentiment abroad infected with the software company's stock at home if they get more than 50% of its revenues from U.S. and European export markets.

Infosys, the second heaviest SENSEX scrip fell 0.60% to Rs 2,714.05, while the country's largest IT services exporter, lost 1.97% at Rs 1,125.40 a piece.

Market sentiment was also nervous ahead of quarterly earnings expectations for some of the leading companies, they may miss market expectations. Three of the four first-quarter net earnings on the SENSEX companies meet analysts' estimates that rising interest costs crimped profits.

Auto, IT, Healthcare and Teck shares traded lower as the benefits realty, consumer durable, metal and energy sectors registered a decline in any market.

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Sensex Snaps 3-Week Winning Streak, Down 296 Pts

Compared with the BSE SENSEX snapped their winning streak over the last three weeks and fell to 296 points due to profit booking by investors and entrepreneurs, in the weakness of the banking market before the results of stress tests. Disorientation in global markets, fears the spread of the euro area Zone crisis, the major European countries and lower industrial output data, the SENSEX torn to 18,326.42.

Impasse debt ceiling, the U.S. and back-to-back, warned the S & P and Moody's U.S. debt is also considered trading emotions.

Bomb blast in Mumbai in three weeks, also affected the market emotions.

Analysts say that the first quarter, announced the country's second largest software company Infosys Tech was the market's expectations and the economic downturn helped.

The company reported 15.72% jump in consolidated net profit of Rs 1,722 crore in the first quarter ended 30 June 2011.

Displaying the slack in the economy, industry growth fell to 5.6% in May 2011 by 8.5% in the same month in 2010, mainly due to poor performance of manufacturing and mining industries, has further aggravated the situation.

Compared with the BSE SENSEX fell back below the 18,823.19 to 18,326.42 and 18,561.92 before settling on the week, a net loss of 296.12 points or 1.57% on the previous weekend. This was achieved by 987.51 points or 5.53% over the last three weeks.

Interest rates are linked to stocks and real estate banking segments, also attracted a sell fear of rising interest rates, given the rise in inflation, which can affect the bottom line of these companies / banks.

Metals and mining shares extended a slide, according to a ministerial-level discussion of the draft approved by the Mining Bill, which proposed a profit-sharing with people affected by their projects.

NSE 50-share Nifty also fell by 79.55 points or 1.41% to 5,581.10 last weekend at their level.

Among the BSE IT index fell 5.53%, 4.51% on BSE Teck, BSE-Metal by 2.36%, 1.89% on BSE Realty, BSE capital goods 1.35% and BSE Auto 1.19%.

But BSE-shot of the IPO of 1.70%, BSE-HC by 1.26% and BSE Oil & Gas by 1.12%.

Major losers from SENSEX pack was Infosys (8.31%), Hindalco (6.26%), Jaiprakash Asso (3.95%), Hero Honda (3.76%), Wipro (3.63%), Tata Steel (3, 56%), BHEL (3.02%), Cipla (2.56%), Reliance Infra (2.21%), Bajaj Auto (2.62%) and HDFC (2.60%).

But the shot from Reliance Industries 2.21%, 0.71%, followed by ONGC, ITC and M & M 0.52% 0.28%.

Total turnover of BSE and NSE fell by Rs 12,562.73 crore and Rs 49,941.40 RS 15,233.28 crore, according to 54,892.40 crore and former

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Anil Ambani Lobbied To Get Raja Telecom Ministry: Niira Radia

In her statement, said the Central Bureau of Investigation (CBI) of 2G spectrum allocation models scam, the company's lobbyist, Radia Niira to know that Reliance Anil Ambani adage is "lobbying" the candidacies former telecom minister Raja Department of Telecommunications.

"I declare that I have had this conversation just the track during that time (during the formation of the closet) .I was referring to a conversation Sunil Mittal of Bharti Airtel conveyed to Anil Ambani who was lobbying for the trail should be in the portfolio," Radia , Vaishnavi Communication from the chairman of the CBI said.

Statements that are part of the charge sheet by the CBI in 2G case claimed that he discussed the "permutation" and "combination" of induction, such as telecommunications minister in the same track, he warns Supremo distance yourself from the Reliance adage Anil Ambani.

He was also told DMK MP Kanimozhi and asked him to play a significant role in politics. "I declare that I have had this conversation Kanimozhi Karunanidhi and the general election after the results of the 2009TH General discussion was about the internal politics and factionalism in DMK. I was in a more proactive role in recommending him and half with the father, and the association of his own career, "Radia said.

"We also discussed about the induction of permutation and combination track as telecommunications minister," he said in a statement recorded by CBI. Radia is the CBI, the 44th prosecution witness in the case of 2G.

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Sensex Ends Flat On High Inflation, Mumbai Blasts

Compared with the BSE SENSEX closed flat on Thursday, up only 22 points in today's volatile trading, three explosions in the country's financial system has made investors nervous hub yesterday, and general inflation rose less than market expectations.

Bombay SENSEX stock index shot up 350 - range from 18,803.05 to 18,449.23 before ending the moderate gains of 22.18 points 18,618.20.

After the start of the following statements under the triple bomb blast in Mumbai last night by the 30-share index rose as home minister P Chidambaram said the terrorist attacks, "the goal is not unnerve business centers, but to hit populated areas and traffic.

In addition to the general inflation - measured by the inflation index - climbed to 9.44% in June from 9.06% in May, far below market expectations and helped the market to wipe-off losses in the last few days.

But the stock took a dip at the FAG end on weak Asian trend in Europe and the lower hole, deleting most of the benefits.

Broad National Stock Exchange index Nifty ended 14.35 points higher 5,599.80, after moving between 5,653.95 and 5,541.70 points.

Banking shares in recent hopes that lower growth in monthly inflation may reduce the prospects for further interest rate hike. The largest lender State Bank jumped 1.39%, the largest private lender ICICI Bank 1.40%, HDFC Bank, HDFC by 1.01% and 0.55% to Rs 505.90.

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Ford Plans Eight New Models In India

Ford India launched two new global power trainsthe 1.5-liter Ti-VCT (petrol) and 1.5-liter Duratorq TDCi engine, not only to operate its recently launched new generation Fiesta for just a few of their other new products in the pipeline. Ford India President and Managing Director Michael Boneham made the announcement at a function to launch a new global sedan in Mumbai on Thursday.

Fiesta is the first of eight new models in the world that Ford wants to market in 2015 and is expected to whip up tension in the sedan segment, and repeat the success in Figo hatchback segment. It is already the best selling small sedan is one of the best sellers in China and Europe.

The new model is Ford's engine plant in Chennai, which has increased the capacity of 3,30,000 units, up from 2,50,000 units. The company has invested $ 72 million in its engine plant. "This is a flex engine plant with a capacity to produce both gasoline and diesel engines," said Boneham. The current balance stands for diesel and gasoline engines 60:40. "We can adjust its production capacity to match demand, more than gasoline engines to market demands, our factory is geared to handle," says Boneham.

Two new power sources are found under the hoods of the world's all-new Fiesta, Focus and Ecosport. The last two cars through the introduction of the eight runs. "We are a new product every 12 to 18 months. This is an aggressive policy. It is a mix of creative capacity, and other products to cater to the cross section of customers," says Boneham.

Point out that Figo is a game changer Ford India has one lakh cars sold since its launch two years ago, said Boneham, "It is clear that volumes have been created in this segment and it is interesting to note that many of our customers was the first time buyers Figo.. This shows that the Indian consumer has matured and is looking for better products, better technology. "

The company is also replacing Figo, based on the old Fiesta platform, 2015th Managing Director at HIS Global Insight (automotive industry forecasts) Deepesh Rathore, said Figo had a competitive price (the base model at Rs 3.63 lakh), because it is based on the old platform. "Ford, our client expects to replace it with a new architecture in 2015," Rathore added.

Ford India also bring a slew of crossovers, sedans and SUVs. "Focus brought here to compete with the Corolla segment. New Endeavour, and Figo is in the pipeline, with the latter around the car. Ecosport is a good crossover, which will increase business performance mini-SUV segment," Rathore added.

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Mobile Payment Services

Mobile payment services which are estimated at $ 350 billion payments and bank transactions in 2015 could lead to around Rs 20,250 crore as fee income for banks and telecom companies, according to a report, Boston Consulting Group (BCG).

"It's much cheaper to provide banking and payment services using cellular technology to build new offices," the Indian BCG partner and director Neeraj Aggarwal, told reporters here after releasing a study on "Rush to Mobile Money: Master Stroke or Madness? ".

"Mobile-based business services, correspondents, who are authorized to conduct business on behalf of banks, customer service in less than 50 Paisa significantly lower than the R branch at 40-60," he added.

Mobile payment service users was 1.1 crore in May 2011 compared with 400 users in August last year, and estimated transaction value of Rs 1.6 crore.

Regulation favorable to the consumer a unique identification number of the motion to accept the technology, electronification of payments would be paid the money moving well Augur, says Aggarwal.

BCG expects 70 per cent of Rs 20,250 crore to come from urban areas and rural areas, giving the government $ 40 billion payments, including payments under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

From person to person transaction is expected to be $ 70000000000 for domestic and international money transfers, he said.

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Bharti Mobile Phone Tower Eyes $1 Bln IPO - FT

India's largest cellular carrier Bharti Airtel is considering raising up to $ 1 billion initial public offering (IPO) of its cell phone tower arm Bharti Infratel, according to Financial Times on Wednesday.

The group is understood to keep early talks with bankers about a list that saw the participation of Bharti Infratel unit towers valued at as much as $ 10 billion, said the FT.

FT, referring to the process of their loved ones, also said that the talks are understood to be a very early stage. Banks Morgan Stanley and Standard Chartered are among those conducting the negotiations, added the newspaper.

Eighth July, Reuters reported that Bharti Infratel is planning an IPO of at least $ 500 million is expected to file to adjust the paper in September or October.

Bharti Infratel, which has more than 30,000 cell phone towers, and then 42 percent participation in Indus Towers, the world's leading telecommunications tower company has more than 110,000 towers.

Bharti Airtel and banks are not available for immediate comment.

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Infosys Nosedives Over 4 Pc On Poor Q1 Results

IT bellwether Infosys now completed more than four per cent of the stock exchanges where the company's profit for the first quarter of fiscal policy remains the market's assessments.

Infosys' net profit jumped nearly 16 percent of Rs 1,722 crore and revenues increased by Rs 7,485 crore in the first quarter ended 30 June 2011.

But market analysts said investors had expected a net profit of around Rs 1,730 crore.

The country's second largest software company, fell 4.27 per cent scriptures of Rs 2,794.25 a piece of BSE. In intraday trading, shares fell to the lowest level of Rs 2,749.35.

Beating the stock and the National Stock Exchange, where the closed Rs 2,786.10, down 4.62 percent from the previous close.

"Dip in the stock market was mainly due to the Q1 results were below street expectations," Ashika Stock Brokerage Company Research Head (Equities) at Para Bothra said, adding that "Infosys is going through a bad patch, the transition management to retain control of Infosys, as far as the assessment of a premium for. "

In terms of quantity, 44 lakh shares changed hands as Infosys exchanges.

Going forward, Infosys expects revenue to be the extent of Rs 7,699 crore and Rs 7,810 crore (12.4 per cent year growth of 10.8 percent) for the quarter ended 30 September 2011.

In addition, the company estimated its revenue would range from Rs 31,777 crore and Rs 32,311 crore (17.5 per cent year growth of 15.5 per cent) of the budget on 31 March 2012.

Infosys' order backlog was rubbed by the index and the impact of IT. BSE IT fell three percent to 5,925.11 points, 1.36 per cent decrease in Wipro Rs 414.70, TCS, and about 1 per cent of Rs 1,146.75 down 5.38 per cent at Rs Mphasis 430.85 per share.

Meanwhile, the 30-share index SENSEX day closed more than 300 points down at 18,411.62

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