ECONOMY ANALYSIS:
- Wipro likely to move up post demerger: Edelweiss
- TVS Motor, BMW to jointly develop motorcycles
- Power Grid approves 7 investment proposals worth Rs 3451cr
- BHEL FY13 prov net profit beats estimates, stock up 2.6%
- Hexaware hopes to get 19-20% EBITDA by 2013-end
- MTNL up 3% on buzz of revival plans 10
MARKET ANALYSIS:
- The S&P BSE Sensex ended a lackluster session on a flat-to-negative note on Monday in absence of buying interest ahead of fourth quarter results. Gains in FMCG, oil & gas and healthcare were offset by losses in technology, capital goods and banks.
- Shares of Bharti AirtelBSE 3.90 % surged nearly higher in trade after the Supreme Court allowed the telecom companies to continue 3G pacts until next hearing on April 11.
- The 30-share index ended at 18,441.27, down 8.96 points or 0.05 per cent. It touched a high of 18,504.48 and a low of 18,402.93 in trade today.
- The Nifty closed at 5,545.20, down 8.05 points or 0.14 per cent. It touched a high of 5,569.20 and a low of 5,537.05 in trade today.
- Among the sectoral indices, the S&P BSE FMCG Index was up 0.83 per cent, the S&P BSE Oil & Gas Index was up 0.65 per cent and the S&P BSE Healthcare Index gained 0.55 per cent.
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