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Sensex, Nifty end lower amid volatility; metals surge

After a volatile session, the market has ended in negative terrain. The Sensex ended down 50.45 points at 27440.14 and the Nifty was down 11.25 points at 8320.70. Metal stocks jumped with top gainers like Vedanta and Tata Steel. ONGC, Hindalco and HUL were other gainers in the Sensex.

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Business News

Merrill Lynch Capital ups stake in Welspun Projs to 7.55%

Merrill Lynch Capital ups stake in Welspun Projs to 7.55% Welspun Projects Ltd (WPL), formerly known as MSK Projects (India) Ltd and part of the Welspun Group, is into engineering, procurement and construction (EPC) projects across sectors like roads, water and industrial structures.

Economy News

Complex regulations impact food processing industry: Govt

Complex regulations impact food processing industry: Govt During Question Hour, the Food Processing Industries Minister said that various fiscal incentives were being provided for the development of the sector, like reduction of excise duty on food processing and packaging machinery have been reduced to 6 percent from 10 percent .

Latest

Buy Kajaria Ceramics; target of Rs 850: Firstcall Research

Buy Kajaria Ceramics; target of Rs 850: Firstcall Research Brokerage house Firstcall Research is bullish on Kajaria Ceramics and has recommended buy rating on the stock with a target price of Rs 850 in its research report dated May 04, 2015.

Market Reports

Sensex, Nifty choppy; Kotak Mah, NIIT Tech rally on Q4 nos

Sensex, Nifty choppy; Kotak Mah, NIIT Tech rally on Q4 nos Kotak Mahindra Bank surged 5 percent post reporting earnings better than estimates with profits of Rs 527 crore, a growth of 30 percent. The bank also announced bonus issue of 1:1. NIIT Technologies gained 4 percent on fourth quarter earnings.

Buzzing Stocks

Sun Pharma gains, brokerages bet on Taro's performance

Sun Pharma gains, brokerages bet on Taro's performance Investors continued to buy shares of Sun Pharmaceutical Industries on Tuesday after CLSA has retained its high conviction buy rating on the stock with a target of Rs 1,130.

Market Outlook

Close short positions; buy Nifty Bank Nifty: Sukhani

Sudarshan Sukhani Technical analyst, Sudarshan Sukhani of s2analytics.com spoke with Latha Venkatesh Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.

Technicals

Euro gains on ECB; stocks up with economic data

The euro rose on Monday on expectations of higher eurozone interest rates while world stocks eked out gains as concerns about Middle East and Japan cast a cloud despite positive economic data.

Global Markets

Asia shares edge up, Australia rate decision looms

Asia shares edge up, Australia rate decision looms Asian shares inched cautiously higher on Tuesday as investors wagered Australia would become the latest country in the region to inject more policy stimulus into its economy.
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Politics

The Narendra Modi government seems to have touched a raw nerve when its Home Ministry issued a circular on the use of Hindi on social media.
Congress leader Amarinder Singh also tried to put the focus on the deteriorating law and order condition in the state.
Jarnail Singh was elected from the constituency of Tilak Nagar in West Delhi.
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India

Advocate Raja Rizwan Abbasi, counsel for Lakhvi, filed the application in the ATC Islamabad on Monday requesting it to exempt his client from appearing in the court in the 26/11 case as he is facing "serious threats" to his life.
The missile system, indigenously developed as part of the integrated guided-missile development programme (IGMDP), will replace Russian weaponry some of which have been with the Army for almost 50 years and are obsolete.
Dawood Ibrahim is accused by India of being the mastermind of the 1993 Mumbai serial blasts.
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Tech

The Mi Band's companion app - the Mi Fit - gave me a continuous flow of information. Information is a good thing to have but not knowing what to do with that, not so good.
Zuckerberg said "it is not sustainable to offer the whole Internet for free" but is possible for internet.org platform to give basic services without any cost.
The Intex Aqua Star II HD boasts of a 5-inch IPS display with 1280 x 720ppi resolution. It includes 1.2 GHz quad core processor combined with 1 GB RAM.
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