Market Glance Report for 31-Aug-2010

NSE’s volatility index, India VIX, was up 0.6% at 18.47.

Amongst the index CNX Realty was down (-1.57 %) closed at 435.15.

2.Google acquires social games website SocialDeck.

3.Microsoft takes Word patent battle to US Supreme Court.

4.Cut in Corporate tax does not bring enough cheer.

5.Indian consumers go green: Datamonitor.

6.DTC bill scarps LTA from tax exemption list.

• Adani Enterprises leads gainers in ‘A’ group.
• Dabur India gains after setting record date for bonus issue.
• Cerebra Integrated Technologies scales 52-week high.
• Karur Vysya Bank strikes record high on bonus issue plan.
• Devika Proteins reports no net profit or loss in the June 2010 quarter.
• Futuristic Offshore Services and Chemical reports net loss of Rs 0.07 crore in the June 2010 quarter.
• Uniworth reports net loss of Rs 61.81 crore in the audited full year ended March 2010.
• Allsoft Corporation net profit rises 233.33% in the June 2010 quarter.
• Maha Rashtra Apex Corporation reports net profit of Rs 2.97 crore in the audited full year ended March 2010.
• Savera Industries strikes a fresh 52 week high on its bonus issue plan.
• Zee Entertainment’s scheme of arrangement become effective on August 30, 2010.
• Mukand sells Mumbai land for Rs 42 cr.
• Tata Communications signs 2-yr deal with Malaysia-based Axiata.
• Reliance BIG TV adds 13 channels.
• Tokyo’s Nikkei share average opens down 1.64%.
• 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.
• SBI subsidiaries slip more than 20% from recent high.
• Karur Vysya board meets on Sep 7 to consider bonus, rights.
• India Max Invst Fund sells 2.2 lakh shares of MJP Leasing.
• EIH rallies 20 pc on stake sale deal with RIL.
• ONGC shares hit year high on hopes of cut in royalty payment.