U.S. data back recovery hopes but Fed cautious.
US mkts slip from day's high to end flat.
Chrysler legal bill for bankruptcy: $12.7 million.
Indian ADRs:
Indian ADRs ended higher on Wednesday. In the IT space, Satyam Computers was up 4% at $ 3.38, Wipro was up 3.64% at $ 11.11, Infosys was up 1.89% at $ 36.14 and Patni Computers was up 0.68% at $ 10.42.
In the telecom space, Tata Communication was up 3.25% at $ 18.76 and MTNL was up 1.02% at $ 3.95. In the banking space, HDFC Bank was up 3.25% at $ 96.97 and ICICI Bank was up 0.39% at $ 28.12.
other sectors, Tata Motors was up 4.01% at $ 9.59, Dr Reddy’s Labs was up 1.16% at $ 15.76. However, Sterlite Industries, which was the sole loser among the ADRs, was down 1.69% at $ 11.66.
Asian markets in green after US Fed meet.
ANALYSIS - Food, drink firms gear for rebound as inventory dips.
SBI to cut benchmark lending rate by 50 bps.
Spot rubber rules steady.
FIIs net buyers Rs 1,520cr in F&O on Wednesday.
Sinopec group agrees to buy Addax for $7.3 bn.
Deccan 360 in tie-up with MRO firm.
ETA Star to invest Rs 350 cr in realty projects.
Ficci, Ex-Im bank sign MoU to expand Indo-US trade ties.
Sloane Robinson raises its stake in Indiabulls to 5.08%.
Comm Ministry for safety norms on toymakers to ward off WTO action.
Mittal concerned at China's sops for steel shipment.
KEC hits upper circuit on Rs 110cr orders.
US court issues summons to Air India.
Max India surges 7% on raising Rs 150cr.
Bilpower Q4 net profit at Rs 2.98 cr.
Orient Abrasives FY09 net profit up at Rs 31.8 cr.
Sunflag Iron Q4 net profit down at Rs 16.1 cr.
Nagarjuna Const to consider QIP on June 29; stk up.
Microsoft unveils new security software called Microsoft Security Essentials.
Fiscal deficit hits 16% of full year's limit in April.
ABB wins Rs 220 cr order from Tata Power.
Pearson invests $30 mln in 2 Indian education firms-Reuters
British publishing group Pearson said on Wednesday it invested $30 million in two Indian education companies, Educomp Solutions and TutorVista, to build its position in the country.
Accountants predict record UK business failures.
LIC to invest Rs 50,000 cr in stocks in FY'10.
Govt should remove octroi, implement VAT fully: ABB.
TVS launches Flame SR125 without twin-spark plug.
Maxwell to invest Rs 10cr in new innerwear brand.
Nissan-Ashok Leyland LCV plant deferred.
ONGC posts 16% dip in Q4 net profit.
Singapore Nifty is seen trading at 4,350.5 up by 45.5 points at 9.20 AM IST
