Base metals witnessed range bound trading session and ended the day with negative bias, Copper and zinc shed more than 4% discounting the flu to snow ball into a pandemic and derail the global economy's nascent recovery.
Nickel fell by 5.4% on account of heavy selling by traders and speculators in tandem with a weakening global trend. Reduced off take by consuming industries, such as stainless makers also weighed on nickel prices.
Gold rose to a 3 week high of $918.25 on Monday due to rise in risk aversion amidst fears of swine flu in North America. In the Indian markets, gold rose by Rs 140 to regain the 15,000 mark fast tracked by heavy buying by the retail investors on 'Akshay Tritiya'.
The world's largest gold-backed exchangetraded fund, the SPDR Gold Trust, said its holdings remained at 1,104.45 tonnes as of April 28, unchanged from the previous day. Its holdings hit a record 1,127.68 tonnes on April 9, and remained at that level for a week.
Water purifier manufacturer Kent RO Systems is all set to enter the estimated Rs 300 crore low-cost mass market water purifier segment.
According to latest reports it has revealed that, the company is set to launch a low cost purifier in the gravity storage water purifier segment next month.
The water purifier would be based on ultra filtration technology in which water filters through UF hollow membrane without using any chemical such as chlorine or bromine.
The BSE-benchmark-Sensex gained for the third day in a row after an extremely volatile session as investors took calculative steps ahead of F&O expiry on 29th April 2009.
In the morning, the domestic market opened on negative note tracking weak cues from the Asian markets. But during mid-session, the market gathered decent momentum to touch day's high on significant buying across the board.
However, despite sharp come back, market was not able to hold the same impulse and slipped again, on profit booking.
Exide Industries Ltd, one of the world's largest producers and recyclers of lead-acid batteries, has registered 36% jump in its net profit for the fourth quarter ended March 31, 2009.
The company posted net profit after tax of Rs 68.20 crore against Rs 62.82 crore in the same quarter ended March, 2008.
However, the total operating income of the company during the quarter, stood at Rs 801.13 crore against Rs 796.36 crore over the same period last fiscal.
Base metals witnessed range bound trading session and ended the day with negative bias, Copper and zinc shed more than 4% discounting the flu to snow ball into a pandemic and derail the global economy's nascent recovery.
Gold rose to a 3 week high of $918.25 on Monday due to rise in risk aversion amidst fears of swine flu in North America. In the Indian markets, gold rose by Rs 140 to regain the 15,000 mark fast tracked by heavy buying by the retail investors on 'Akshay Tritiya'.
Areva T&D India Ltd, the Indian subsidiary of AREVA France SA has posted a net profit af
Water purifier manufacturer Kent RO Systems is all set to enter the estimated Rs 300 crore low-cost mass market water purifier segment. 
The BSE-benchmark-Sensex gained for the third day in a row after an extremely volatile session as investors took calculative steps ahead of F&O expiry on 29th April 2009. 
Exide Industries Ltd, one of the world's largest producers and recyclers of lead-acid batteries, has registered 36% jump in its net profit for the fourth quarter ended March 31, 2009. 
