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Technical Analyst Salil Sharma has maintained 'buy' rating on Gail stock to achieve an intraday target of Rs 440.

According to him, interested traders can purchase the stock with a stop loss of Rs 420.

The shares of the company, on May 11, closed at Rs 425.45 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 459.40 and a low of Rs 260 on BSE.

Current EPS & P/E ratio stood at 22.54 and 19.13 respectively.

Today, the 30-share index Sensex belled the day on a flat

Researchers are making attempts to make a "magic pill", which would permit individuals to remain in a healthy condition and live more than 100 years.

They have discovered genes, which increase the total life span of a person and stop illnesses like Alzheimer's, diabetes and cancer.

Prof. Nir Barzilai, an investigator into the ageing process, told experts that the new medication in the development stage will hit the worldwide markets by the next 18 months.

Incitec Pivot Ltd., the largest fertilizer maker in Australia, said that its net profit grew by 33% for the first half of the fiscal. The company said that it managed to post a good first half despite lower fertilizer prices and challenging conditions in North America. Incitec also said that the profit will be biased towards the second half.

The total number of jobs advertised online and in newspapers fell by 1.2% in the month of April, according to a survey conducted by ANZ bank. This was reported the first monthly decline in jobs ads in past three months. ANZ said that the decline in total number of job advertisements in April was mainly attributable to the interest rate rises and lowering demand in jobs market in the period.

"The modest decline in job advertisements in April is not surprising in the wake of two successive rate hikes from the RBA," said Warren Hogan, chief economist of ANZ.

According to a survey by National Australia Bank, business confidence in Australia fell in the month of April. This was reported he second consecutive month when business confidence was reported down. NAB said that the decline in business confidence was mainly attributable to the weaker retail sales and rising interest rates.