The market, which opened positive today, pared most of its earlier gains and come off from its day’s high due to some profit booking.
Metal, realty, consumer durables stocks saw heavy buying interest in today’s session.
BSE Midcap and Smallcap index gained 2.93% and 2.67% respectively.
At 12.59 p.m., the 30-share index Sensex stood at 9.813.00, up 122.93 points, after hitting an intraday high of 9,948.33 and an intraday low of 9,802.39.
India's oldest mutual fund, UTI Asset Management Company (UTI AMC) is in advanced stages of discussions to divest 26 per cent to a strategic partner. The potential buyers are the US firm T Rowe Price, Shinsei Bank of Japan and two European firms. The buyer is expected to pay between Rs 1,500 crore to Rs 1,800 crore, which would value the AMC at between Rs 6,000 crore and Rs 7,500 crore. 
It has been learnt that Intel is engaging in talks with Indian service providers and device manufacturers with the motive to help them in bringing WiMAX-ready notebooks and netbooks to the India market segment mid-2009.
A nice upgrade courtesy of Google Docs has been received by Gmail's integrated software-free PDF viewer. The good thing is that now when someone opens up a PDF in Gmail, it won’t fire up his native PDF viewer like the slow-to-load Adobe Acrobat. Instead it will send him to the document reader built into Google Docs.
Twelve Nobel Laureates from all over the world will take part in a week-long science conclave, which is being organized by the ministry of human resource development (MHRD) and the department of science and technology (DST) at the Indian Institute of Information Technology, Allahabad (IIIT-A).
Actor Nandita Das’s directorial debut Firaaq, which deals with the impact of violence on human psyche and relationships, has won awards in categories of best screenplay/script and the Foreign Correspondents Association award for best movie.
