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Sensex up 121 points as blue chips surge higher in early trade
Trading got off to a positive start on the Indian bourses this morning with investors picking up front line stocks from automobile, banking, metal and power sectors. Select stocks from realty, capital goods and PSU sections have also moved higher. Buying is more due to short-covering than on any positive news flow from global or domestic fronts. FMCG, information technology, oil and healthcare stocks

Crucial support for the Nifty is at 4860: Gaba
Nifty (4920) we said 'technically we could now see some more up move until 4975-5000 zones in the days to come’ the market unfolded flat and closed right on 4920...analysis remains the same...The

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Hong Kong shares to open down 0.2 pct, China plays weak
HONG KONG, May 28 (Reuters) - Hong Kong shares were set to start weaker on Monday, pulled down by China plays with GOME Electrical Appliances slumping more than 9 percent after posting

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Greeks not alone in bank savings exodus

Greek savers may be gripped by a “great fear that could develop into panic” in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain,

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Markets haven't bottomed out yet, say leading players

The tussle between greed and fear could continue in favour of the latter for some more time. If market pundits are to be believed, there could be more pain for Indian equity markets though the Sensex

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Sebi keeps consent window open to settle serious offences

A high-powered advisory committee or panel of whole-time members may settle violations excluded from the new framework Despite shutting the consent route on serious market offences like insider

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