The largest drug maker by market value, Sun Pharmaceutical is all set to replace Satyam Computer's stocks at the Bombay Stock Exchange (BSE) from January 12. BSE has expelled Satyam Computer Services from all equity indices of the stock exchange following disclosure of biggest ever corporate fraud by Satyam promoter B Ramalinga Raju and some executives.

Despite making some moderate recovery during the final hour of closing on Friday (Jan 09), the 30-share index BSE Sensex ended the week on a negative note.

Second line stocks saw heavy selling pressure. Metal and realty stocks were hammered badly on Friday.

For the week ended December 27, India’s benchmark wholesale price index (WPI), inflation declined to 5.91 percent as compared to 6.38 percent during the last week.

During the same period of the last year, the inflation was at 3.83%.

The largest drug maker by market value, Sun Pharmaceutical is all set to replace Satyam Computer's stocks at the Bombay Stock Exchange (BSE) from January 12. BSE has expelled Satyam Computer Services from all equity indices of the stock exchange following disclosure of biggest ever corporate fraud by Satyam promoter B Ramalinga Raju and some executives.

Amman- Arab stock markets rebounded this week after the year- end holiday, but financial analysts said Friday that the rally could be short-lived when annual results of listed firms start to come out.

"I believe the rebound was in response to improving performance on world markets and the jump in oil prices that accompanied the Israeli attack on the Gaza Strip," an Amman-based portfolio manager told Deutsche Presse-Agentur dpa.

Despite easing inflationary figures, the Sensex continued to move in a sluggish manner.

Metal, realty and consumer goods traded weak, whereas IT, auto and FMCG stocks went up.

BSE Midcap and Smallcap index declined 2.73% and 3.05% respectively.

Among the sectoral indices, BSE Metal declined 6.88%, BSE Realty fell 5.17%, BSE Consumer goods lost more than 4%. But, BSE IT zoomed 2.60%, Auto and FMCG gained more than 1% each.

The 30-share index, BSE Sensex, today (Jan 09), opened on a lower note at 9,434.85, down 152.03 points.

Tokyo  - Stocks ended lower Friday in Tokyo as anxiety over the economy returned ahead of US job data.

The Nikkei 225 Stock Average declined 39.62 points, or 0.45 per cent, to close at 8,836.8.

The broader Topix index of all First Section issues was also down 5.87 points, or 0.68 per cent, to 855.02.

On the currency markets at midday (0300 GMT), the dollar traded at 91.20-25 yen, down from Thursday's 5 pm quote of 91.76-77 yen.