Last week Market snapshot….
- India’s wholesale price index (WPI) rose 0.27% in the 12 months to 14 March 2009,
- The 30-share BSE Sensex jumped 1,081.81 points or 12.06% to 10,048.49, in the week ended Friday, 27 March 2009. The broader 50-issue Nifty jumped 301.6 points, or 10.74%, to end the week at 3108.65.
- The BSE Mid-Cap index gained 173.10 points or 6.27% to 2,934.16 and the BSE Small-Cap index advanced 123.73 points or 3.97% to 3,238.11 in the week.
- India’s largest private sector company by market capitalization and oil refiner Reliance Industries (RIL) jumped 15.65% ahead of production of gas from KG basin, off the east coast. The company is reportedly expected to start natural gas production from its Krishna Godavari (KG) basin field in early April 2009. RIL’s advance tax payment fell 16.47% to Rs 370 crore in Q4 March 2009 over Q4 March 2008.
- India’s third largest software services exporter Wipro rose 9.35%. Recently its unit Wipro Infotech won an outsourcing contract worth Rs 1,182 crore from the Employees State Insurance Corporation (ESIC). read more…
http://www.capitalmarket.com/ns.asp?SH=marketnews&St=cmedit%2fstory1-7.asp
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