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Emami pares gains, ends flat
The scrip pared all the gains and touched a low of Rs 460. The stock finally ended flat at Rs 464. The counter clocked volumes of 6,418 shares as comapred to the teo-week daily average traded volumes of 6,862 shares.

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Markets at a glance
The markets traded in a narrow range this week in spite of stellar numbers from Infosys. The Sensex rose 14 points or 0.08 per cent to 17,554, while Nifty increased 7 points or 0.14 per cent to 5,252 during the week. Midcaps and small caps performed better; Midcap index rose 1.5 per cent and Smallcap index was up 3.1 per cent during the week. Industrial output grew at 11.7 per cent, fastest in the last two years in November 2009; expectations indicate that GDP numbers could grow to 7.75 per cent for FY10. However, inflation at 7.3 per cent in December as compared to 4.8 per cent was the concern area for investors.

News of the day

ONGC picks up stake in South Pars field; to develop Farsi bloc
In a major breakthrough, Oil and Natural Gas Corporation (ONGC) today signed agreements to pick up stake in a giant gas field and an LNG plant in Iran, which also awarded the rights to develop a gas discovery it made in the Persian Gulf two years ago.
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Different strokes

The Polo produced at the Volkswagen plant in Chakan in Maharashtra may be good enough for the Indian market, but made in India is not good enough for Volkswagen. At the Polo’s launch in the auto fair in the Capital, most things in the company’s stall, right down to the chairs, had been imported. - Volkswagen mulls sourcing components from India - Volkswagen introduces Polo in India - India passes with flying colours! - Reverse engineering - Panasonic develops high-capacity battery for EVs - Spencer"s to shift focus from food to apparel Even the sweepers at the stall were not Indian, nor was the mineral water. The Coca Cola and Pepsi that was served, though, was made in India as were the snacks.


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