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Quiet day for markets
The Sensex opened at 17,719 and soon touched a high of 17,790 - the highest level in the last 22 months. Weakness in the IT shares however pulled the index into the negative terrain to touch a low of 17,636, down 153 points from the day"s high. The BSE benchmark index kept on swinging zones for the rest of the trading session and finally ended flat at 17,701, up 15 points. The NSE Nifty is at 5,282, up four points.

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Clay Telecom offers intl roaming service for Blackberry users
Wireless telecom solutions company Clay Telecom today said it has begun offering international roaming service for Blackberry users.

News of the day

Markets recover partially
The Sensex has recovered partially from the day"s low of 16,210, and is now down 369 points at 16,485. The NSE Nifty is down 111 points at 4,894.
Corporate

Rupee hits 15-month high, gains 10 paise at 45.74/$

The rupee today appreciated by 10 paise to hit a 15-month high of 45.74 a dollar in early trade, tracking other firming Asian currencies. - Currency futures posts record volumes - Rupee gains 15 paise at 46.09/$ in early trade - Rupee at month high, rises 8 paise at 46.22/$ - Bonds drop on rate-hike speculation - Rupee gains 7 paise at 46.54/$ in early trade - Forex reserves dip $144 million At the Interbank Foreign Exchange (Forex) market, the rupee strengthened by 10 paise to trade at 45.74 a dollar, the highest since September 2008. The currency had ended 40 paise higher at 45.84/85 yesterday. Dealers said the dollar"s weakness against other Asian currencies and continued capital inflows by funds into equities supported the rupee sentiment. Meanwhile, the benchmark Sensex was down over 40 points, or 0.23 per cent, at 17,660.69 points in early trade today.


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