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Sunday, May 22, 2011

Markets close week with 1% decline


Markets registered losses this week owing to a rise in petrol prices, sustained foreign fund selling and weak results from SBI. The Sensex down 205 points and the Nifty down 58 points.

Major headlines for the week

Inflation eases to 8.66% in April

SBI net profit at Rs21 crore in Q4

L&T Q4 net profit up 17% yoy

Ashok Leyland Q4 net profit rises 34%

Higher subsidy burden drags OIL, ONGC, GAIL


Siemens India


Siemens India

Bajaj Auto


Bajaj Auto

ICICI Bank


ICICI Bank

Tata Power


Tata Power