AMD has made available the $899-priced ATI FirePro V7750 graphics accelerator for the high-end market, meeting the needs of professional content creators, who use graphics in engineering, digital content creation and scientific fields.

The DisplayPort outputs and a Dual Link enabled DVI output capabilities of the ATI FirePro V7750 generate in conjunction an over 5000 pixels wide multi-monitor desktop in a single-slot form factor. AMD says that its ATI FirePro delivers precise color reproduction and visual quality of intricate and huge data sets.

Home Minister Palaniappan Chidambaram said on Monday that capital restructuring of the state-owned United Bank of India (UBI) will soon be underway. The government-approved restructuring of capital will include over 80 percent reduction in paid-up equity, in an attempt to improve the monetary strictures of the bank.

According to a tie-up between Tata Motors and United Bank of India (UBI), the public sector lender will extend retail finance facility to customers purchasing the passenger vehicles of the bigwig automaker.

The Bombay Stock Exchange saw a 10 percent rise in the stocks of fertilizer companies today, following the March 27 gas sales and transportation contracts between Reliance Industries (RIL) and 12 fertilizer firms, who would receive the first produce from RIL's eastern offshore KG-D6 (Krishna Godavari-Dhirubhai 6) fields.

Rate fails at support and clears large stops under 1.3200; rate likely has stops building in both directions but shorts have taken control of the market as the rate gives back gains over the 1.3400 area last week late.

Action remains two-way; stops under 1.3150 area said to be building in size suggesting the rate has another leg lower coming near-term. That dip would be a buy opportunity in my view. Overhead resistance of 1.3350 area now back in play; expect sellers in that area on a rally.

Rate falls through stops into support around the 1.4100 handle overnight; traders report more stops waiting under 1.1400 with bids around 1.4050 for the day. Bulls need to be on the sidelines at this point. A close back under the 1.4250 area argues for more losses.

Traders report large names on the dips last week but they may have been whipsawed out to start this week. Overhead resistance now drops to 1.4380 to 1.4440 area; overhead target of the 1.5000 area likely to be on hold with a test of the lows first possibly creating a range.