Indian and Global Outlook Technical Analysis by PINC Research

It was quite a roller coaster ride during the week for the market. Nifty started the week on a rough note when it erased all the gains that it had recorded in the previous session.

Music is my drug: Jessie J

Jessie JMumbai, May 22 : She is all of 23, suffers from a heart problem, but her zest for life and music keeps her going. British singer-songwriter Jessica Ellen Cornish, popularly known as Jessie J, says she will never give up performing because music is her drug.

"I live on music-singing and performing is my drug," Jessie J told IANS in an e-mail interview from London.

Buy Voltas Ltd With Target Of Rs 211

Buy Voltas Ltd With Stop Loss Of Rs 211Voltas Ltd’s Q4FY11 revenue grew by 16.4%YoY to Rs16.8bn. As expected, OPM contracted by 210bps to 8.4% dragged by Electro-Mech segment (PINCe 8.6%). Lower operating profit coupled with higher interest charges translated in a 23.9% fall in adj. net profit to Rs961mn (PINCe Rs882mn). Reported net profit was Rs1.0bn including exceptional income of Rs77mn.

Muted performance by Electro-Mech (MEP) segment:

'Pyaar Ka Punchnama' delightful rugged romantic-comedy

'Pyaar Ka Punchnama' delightful rugged romantic-comedy Film: "Pyaar Ka Punchnama"; Cast: Raayo Bakhirta, Nushrat Bharucha, Sonalli Sehgal, Divyendu Sharma, Ishitta Sharma and Kartikeya Tiwari; Writer-Director: Luv Ranjan; Rating: *** 1/2

"Pyaar Ka Punchnama" packs in a precocious punch. In telling the story of three friends-cum-flatmates who get into 'serious' relationships with three self-serving working-class female monsters of the concrete jungle, debutant director Luv Ranjan gives us a film that's fresh, flavourful and finally hugely rewarding.

Indian equities markets end lower as inflation reigns high

Indian equities markets end lower as inflation reigns high Mumbai, May 22 : Indian equities markets closed the week in the red with benchmark indices losing over one percent and broader indices slipping more, as bearish sentiments strengthened after oil marketing companies hiked petrol prices. A hike in diesel prices is also on the cards, which could result in a bout of high inflation.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) closed the week 1.11 percent or 205.19 points lower at 18,326.09 points, compared to its previous weekly close of 18,531.28 points.

I'll go to Cannes every year now: Minissha Lamba

Minissha Lamba Mumbai, May 22 : The 16 hours of detention at the Mumbai airport for allegedly carrying undeclared jewellery were harrowing but actress Minissha Lamba says the authorities were "very, very, friendly" and the time was spent chatting about various things, including her experience at Cannes.

"We had a very lively 16-hour session," said the "Well Done Abba" actress.

"What can I say? I had the choice of either sitting and crying or trying to make the best of a bizarre situation. Guess what I chose to do? I took a chill-pill," she told IANS.

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