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Asian markets end positive
Asian markets pared gains and ended almost flat today. The Hang Seng added 61 points to 22,268. The Nikkei was up 62 points at 9,871.

Insurers push accident cover sale to schools
Schools and colleges have become the new hunting ground for non-life insurers, eager to push personal accident (PA) policies, a segment which has traditionally seen low claims.

News of the day

Tata Steel posts Q2 net loss at Rs 2,720 cr
Country’s biggest steel producer, Tata Steel, reported a consolidated quarterly net loss owing to lower demand and weak performance of its European unit Corus.
Management

Sensex off day's high

The Sensex has come off from the day"s high and is now at 17,203, up 71 points. The NSE Nifty is at 5,106, up 15 points. - Markets continue to trade firm - Sensex trading firm; Reliance up 2% - Astec LifeSciences lists with 4% premium on BSE - Markets extend gains - Markets in positive territory - FII-TO-FII TRADES: PNB traded at 7% premium Among the BSE-30 stocks, ACC, Maruti and Hero Honda have soared around 2% each to Rs 798, Rs 1,599 and Rs 1,688, respectively. ITC, Tata Steel, HDFC Bank and Mhaindra & Mahindra have added over 1.5% each at Rs 268, Rs 558, Rs 1,776 and Rs 1,067, respectively. DLF is the major loser. down 2% at Rs 365. The market breadth is fairly positve, out of 2,748 shares traded, 1,446 have advanced and 1,215 have declined so far on the BSE. The BSE oil & gas and FMCG indices are up 1% each.


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