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• Sensex ended near day’s low on the back of continuous
selling technology, banking and capital Goods shares.
• Sensex shed 366.53 points to 16,546.18 points and Nifty
plunged 114.20 points to 4,999.95 points on market close
• Technology starts tread water after the IT giant cognizant
revised 2012 revenue guidance towards downwards by $200
million due to decelerating demand in overseas market. TCS
shed 5.77% and Infosys plunged 1.59%
• IT and capital goods indices shed 3% each. Auto, power
indices slipped down by 2% each, while Realty and Metal
indices were declined by 1% each

2. • SKS Microfinance stocks touched all time low of Rs.75.85 per
share on reports that the company registered net loss at Rs.330
crore for the quarter ended March 2012
• Bank of India has purchased 51% stake in Bharti AXA Mutual Fund
from Bharti Enterprises and Axa Investment Managers Asia
Holdings. Stocks declined 2.77%
• Dena bank has recorded a robust growth of 62% in its fourth
quarter net profit at Rs.255 crore. Stocks plunged 5.23% from the
previous close
• Hindalco Industries has announced that its net profit increased by
10.6% to Rs.708 crore in the March 12 quarter as against Rs.640
crore in the year ago period. Stocks up 1.16%
• Oil Minister, Jaipal Reddy said that the Reliance Industries gas
output is estimated to fall to 20 million standard cubic metres per
day in the financial year 2014-15. stocks declined 0.93%

3. • Jubliant Life Sciences stocks were up over 6% during the morning
trade on the Bombay Stock Exchange after the company outlined
its revenue forecast for the financial year 2012-13. stocks up
surged 5.42%
• Stocks of United Phosphorous were up slightly by 0.75% after the
company announced its intention to conduct buyback
programme through the stock exchanges.
• Mid cap and small cap indices were down by 1.28% and 0.87%
each respectively.
• Market breadth was extremely negative, as 1,958 shares
declined and 1,278 shares advanced on BSE.

4. Global News
• Asian market closed on mixed note, with Hangseng ende on
negative region and Nikkei on positive region.
• European shares were trading on weak note during the early
trade
• Crude futures declined 84 cents to $97.11 per barrel as
uncertain condition prevailing in the European market rose
demand concern of the commodity in overseas market.
• Gold futures declined $10 to $1,629 an ounce during the last
trade in New York as the U.S. dollar continued to maintain
strength against major currencies
• Indian rupee reversed it early day gains and shed 21 paise to
Rs.53.12 per dollar on the interbank foreign exchange trade due
to heavy fund outflow from equity market

5. Crude futures tumbled 58 cents to $97.91 per barrel during the
last trade as weak trade in equity market drove back the crucial
commodity future contract in New York
Gold futures was down $6 to $1 640 an ounce during the last
trade in New York Mercantile Exchange due to strong dollar
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