Sensex falls over 300 pts on profit-booking, inflation.
The benchmark indices opened on a weak note and extended losses in late trade led by the fall in capital goods and banking stocks. Index heavyweight such as Reliance Industries, ICICI Bank and State Bank of India fell between 2 and 6 per cent on unwinding of long positions in May futures by around 200,000-400,000 shares each. With only five trading days remaining for the expiry of the May series, July futures of these stocks witnessed fresh rollover from bulls and bears.After the massive rally in large stocks, the interest of the markets has shifted to small- and mid-cap stocks. While the Bombay Stock Exchange (BSE) Sensex has corrected by nearly 5 per cent since Monday, mid- and small-cap indices have witnessed 9 per cent and 14.48 per cent gains, respectively.
FII investment crosses $3 billion-mark in 2009.
FIIs net sell of Rs 234 cr in equities on May 20.
MFs net buy of Rs 240 cr in equities on May 20.
Oil falls below $61 after rise to 6-month peak.
OPEC to keep output steady after prices rise.
Rupee heads back to 2009 high on inflow hopes.
Bonds dip as RBI cuts buyback; Re gains 7 p.
Mexican multiplex chain to invest Rs 1,700 cr in India.
Russian govt to infuse $670 mn in Sistema Shyam.
Swine flu spreads in Asia; Japan has first case.
Inflation at 0.61% vs 0.48%; Expert doesn't see rate cuts.
Steel prices have steadied, demand picking up: Jindal Steel.
Ranbaxy acquires skin care, lifestyle range.
MRF to shift work from Arakkonam to Andhra.
Bajaj Auto net up 8% to Rs 130 crore.
Banks give Tata Power a collateral shocker.
LIC makes Rs 2,600 cr in bear mkt.
Mphasis rises 4.39% on results.
Industrial credit picks up, poll result helps.
NIIT witnesses buying interest.
Crompton Greaves up on large volume.
ITC Q4 net profit seen up 13.14% at Rs 832.3 cr.
Jet Airways to expand West Asia service.
Maruti now drives Suzuki's profit.
IT cos may cut variable pay to manage costs.
First-ever insurance IPO soon from Rel Life.
Singapore Nifty seen trading flat at 4219.5
