Today again, there were all round losses in the Mumbai stock exchanges. The Bombay Stock Exchange’s benchmark index, Sensex closed at 14,900.76 down by 44.2 points. Nifty 50 closed at 4468.7, down by 13.6 points. In bullion market, gold is being quoted at Rs.11,633/10gm and silver was quoted at Rs.19,083/kg. Crude declines. Nymex crude was trading lower at around 104.6 US dollar a barrel and the US dollar was at Rs.44.8.
Tatas reject Singur pact. Stunned by the Signur row, software giant Infosys is reviewing its plan to invest in a development centre on the outskirts of Kolkata.
US government bails out troubled mortgage leaders Freddie Mac and Fannie Mae, which are vital to the US housing industry. The script was traded frantically in London stock exchange.
Netherlands-based Royal Philips Electronics announced the acquisition of Mumbai-based Alpha X-ray systems.
Yamaha Motor Co is all set to launch at least two high-end motor cycle models in India.
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