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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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Nielsen, Facebook in strategic pact to help marketers
The Nielsen Company and Facebook have announced a multi-year, strategic alliance to help marketers better use the Internet to develop and market new products.

News of the day

Suzlon enters Swedish market
Suzlon Energy has forayed into the Swedish market with its first order coming from Triventus AB, a wind power developer and consultant. The order is for two S88-2.1 megawatt wind turbines. Suzlon will also sign service and maintenance partnership contracts with a subsidiary of Triventus for future projects in Sweden, the company said in a statement to the stock exchanges.
Corporate

Voltas jumps on decent results

Shares of Voltas spurted 20.55 per cent to Rs 118.2 on announcement of decent FY09 results. Net profit for the year ended March 31, 2009, increased by 21 per cent to Rs 251.40 crore, while total income rose 34 per cent to Rs 4,361.72 crore during the period. - A cool cause - Voltas zooms 20% on Rs 300cr orders, FY09 nos - Voltas FY"09 net up 21% at Rs 251.40 cr - Tantia up 3.2% on order from rlys - LIC Housing rises 4.43% - HCL Infosys up on BSNL order The company bagged two electro-mechanical projects orders worth Rs 300 crore from Kolkata and Chennai international airports. The board also approved a dividend of Rs 1.60 per share. The stock opened at the lowest point of the day at Rs 100 and made an intra-day high of Rs 119.7. Total traded volumes stood at 4.03 million shares.


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