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Sensex in red in opening trades
The Sensex has opened down 22 points at 16,826. The index is now down 25 points at 16,825.

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UP sugar mills to start crushing soon to recover losses
Despite uncertainties over cane pricing, sugar mills in Uttar Pradesh plan to commence crushing as early as possible, in order to avoid any recovery loss which may impact their operating performance.

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Pitroda may be first chancellor of Vedanta varsity
The proposed Vedanta University is likely to get chairman of the Knowledge Commission Sam Pitroda as its first Chancellor, Orissa’s Higher Education minister Debi Prasad Mishra said on Thursday.
Management

Markets recover losses; IT index up 1%

The Sensex after moving in the negative terrain for quite some time has rebounded into the green on the back of buying in the IT shares. The Sensex is now at 16,898, up 21 points. Among the Sensex-30 stocks, Tata Motors has advanced 2% to Rs 703. Bharti Airtel, Sun Pharma and Mahindra & Mahindra have added 1% each at Rs 321, Rs 1,466 and Rs 1,028, respectively.


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