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Volume concerns, pricing gain; Upgrade to `BUY' Sesa Goa's consol. revenue and EBITDA grew 19% YoY each to Rs22.5bn and Rs12.3bn respectively, on increased realisation
(up 59% YoY to USD87/t) despite lower volumes (5.4mnt, dow 21% YoY, first decline in 14 qtrs). Adjusted profit rose 40% YoY to Rs10.6bn on higher treasury income and lower tax rate.

Key result highlights:

Crude extended declines for a sixth day, weighed down by forecasts calling for a second straight week of builds in U.S. crude supplies. Unseasonably cold weather is likely to grip northern Europe again from late February into spring, after a relatively mild spell in late January. Crude stocks likely rose 900,000 barrels last week, with distillate stocks, which include heating oil and diesel fuel were forecast down 200,000 barrels and gasoline stocks up 2.2 million barrels. Now support for the crude is seen at 3979 and below could see a test of 3942. Resistance is now likely to be seen at 4082, a move above could see prices testing 4148.

Trading Ideas:

Silver yesterday ended down tracking weakness in gold and crude oil prices.

Gold turned weaker on technical selling after the metal initially rose as a lower dollar and lingering w

Actress Anushka Sharma has proved herself in the Hindi film industry with her super hit flicks like Band Baaja Baaraat, Rabb Ne Bana Di Jodi and others.

The UP-born, Bengaluru-bred actor, who entered the film industry with Rab Ne Bana Di Jodi 3-years back, has come a long way, and is considered as a successful star in Bollywood.

She also said that the grand success of Band Baaja Baaraat has brought many changes in her life.

New Delhi, Jan 25 - A year ago it promised to paint the television red with its unique bouquet of shows, but Yash Raj Films (YRF) TV's offerings faded in no time. Now it is back with a vengeance on Sony Entertainment Television with a belief that different content strikes the right chords with the viewers, if not with the ratings' race.