U.S. economy shrinks less, jobless claims fall
Indian ADRs: Patni down 5.2%, MTNL down.
In the telecom pack, Tata Comm was down 0.61% at $21.11 and MTNL was down 2.78% at $3.84. In the banking space, ICICI Bank was up 0.03% at $31.40 but HDFC Bank was down 0.50% at $97.65.
In the IT sector, Infosys was up 1.38% at $44.82, Wipro was up 0.62% at $16.20, while Patni was down 5.23% at $17.41and Satyam was down 0.91% at $5.45.
In the other space, Dr Reddys was down 1.49% at $16.48, Tata Motors was down 0.33% at $12.06 but Sterlite was up 0.79% at $13.98.
NTPC to float bulk tender for supercritical power equipment.
BSNL to offer $500-m GSM contract to Ericsson.
Apollo Hospitals to get $50-m loan from IFC.
Thermax, SPX Corp ink power JV; eye $100m in yearly sales.
Tata Steel posts Rs 2,209 cr loss in Q1.
View:- SELL TISCO BELOW 417 TGT 401 SL 426.
Wipro wins Fosters' contract.
FTP sets $ 200 billion export target.
ExxonMobil in talks with local vendors for $1billion IT contracts.
SINGAPORE NIFTY IS TRADING AT 4,690.0 DOWN BY 15.0 POINTS.
