Market Glance Report for 27-Aug-2010

NSE’s volatility index, India VIX, jumped 14.86% to 19.63.

Amongst the index CNX Realty shed (-2.85%) closing at 441.30.

2.Five AP judges caught cheating in law exam.

3.Diplomatic row between India and China.

4.Google: 1 million Gmail calls on first day.

5.How to win salary negotiations.

6.India gold investment seen topping jewellery sale.

• Markets close down 1.3% led by financials.
  
• Ispat Industries leads gainers in ‘A’ group.

• Bank stocks slide on profit booking.

• Cipla weakens as special dividend falls short of market expectations.

• Uniworth Securities reports net profit of Rs 0.10 crore in theAudited year ended March 2010.

• Oudh Sugar Mills reports net loss of Rs 40.37 crore in the June 2010 quarter.

• West Life Development reports net profit of Rs 0.30 crore in the Audited year ended March 2010.

• C&C Constructions net profit rises 68.08% in the Audited year ended June 2010.

• Sri Nachammai Cotton Mills net profit rises 338.24% in the June 2010 quarter.

• Symphony net profit declines 39.05% in the June 2010 quarter.

• HCL Infosystems net profit rises 4.77% in the June 2010 quarter.

• Havells India netprofit rises 57.10% in the Audited year ended March 2010.

• Gujarat Investa net profit declines 75.00% in the June 2010 quarter.

• Corus in pact to sell TCP plant to Sahviriya Steel for $500 mn.

• Auto component industry to touch $110 bn by 2020: ACMA.

• Tata Power falls 1% on InterGen stake talk report.

• ICICI, SBI Capital Said to Be Selected for Shipping Corp. of India Sale.

• India’s Stocks Fall, Sensex Poised for Biggest Weekly Drop in Three Months  .

• MphasiS net sales up 5% at Rs 1,279.07 cr.

• Bajaj Corp Q1 net profit up at Rs 22.7 cr.

• Tanla Solutions reports Rs 5.64 crore turnover for quarter ended Jun 2010.

• Bull of the week: Stock that turned multibagger in 3 days.

• Infosys slips below Rs 2700, stock down 2%.

• DLF cracks; stock down 3%.

• Punjab & Sind Bank files IPO papers with SEBI: Sources.