Markets fall
The Sensex closed at 5850.61 points down by 85 points from its previous close of 5935.19, while the Nifty fell by nearly 19 points from the previous closing of 1885.25 to close at 1866.05.
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Counters
Infosys declined by 2.7 per cent to close at Rs 4970.30.
ONGC fell by Rs 13.30
HPCL declined by Rs 18.85 to close at Rs 511.45.
Nicholas Piramal gained by Rs 27.50 to close at Rs 786.05.
BHEL gained by Rs 3.25 to Rs 628.20.
Cummins India gained by Rs 1.05 to close at Rs 105.65.
Chambal Fertilizers gained Rs 1.25 to close at Rs 19.75.
Indo Gulf Fertilizers gained Rs 2.65.
Tata Motors declined by Rs 14.85 and closed at Rs 520.
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CDSL launches Easiest
Mumbai: Central Depository Services Ltd (CDSL) has launched its Internet services product, Electronic Access to Securities Information and Execution of Secured Transactions (Easiest). Easiest permits brokers and CDSL demat accountholders to submit instructions on the Internet to effect debit and credit transactions.

Easiest would enable the investors to enter into delivery transactions and see that they are effected in real time.
The Certificate of Central Depository, is a tie-up between CDSL and Zee Interactive. The operational aspects of the programme would be managed through the centres of Zee Interactive, according to CDSL officials.
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Geojit and Doha Bank offer online trading
Kochi: The non-resident Indians (NRIs) in Qatar can now trade in Indian equity shares online. The Kochi-based Geojit Financial Services Ltd has tied up with the Doha Bank of Qatar to launch `India Equity Service'. This service will enable NRIs to buy and sell shares on the National Stock Exchange and the Bombay Stock Exchange.The new service will also allow access to Indian and international mutual funds and investment information. Geojit says it is targeting high net worth Indians in Qatar and plans to create a customer base of 5,000 people in the first year.
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Polyplex delisted from UP, Ahmedabad SEs
Mumbai: Polyplex Corporation Ltd has informed the BSE that pursuant to its application for voluntary delisting of its equity shares from Uttar Pradesh Stock Exchange Ltd and the Stock Exchange, Ahmedabad, the equity shares have been delisted from these exchanges with effect from March 18 and February 27 respectively.
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Straight Through Processing: Soon for the entire market
Mumbai: SEBI will soon introduce the straight through processing (STP) `market wide'. The STP is a one-point data entry system that allows electronic data processing from the point of first deal to the final settlement. This reduces the time and cost of market transactions. This is currently implemented only to allow institutional trades and for custodians.
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Public Issues
All time record: PTC issue oversubscribed 46 times
The public issue of Power Trading Corporation (PTC) has created a record being oversubscribed over 46 times. This is the highest ever subscription for a book-building issue.
Petronet LNG public issue stands oversubscribed by over three times as of yesterday.
ONGC public issue was oversubscribed over five times with maximum bids at Rs 680, the floor price of the issue. The issue closes on March 13.
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First Custodian and Harvest Deal: Suspended
Mumbai: The Securities and Exchanges Board of India (SEBI) has suspended for 12 months the certificate of registration of Mr Shrikant G. Mantri of First Custodian Fund India Ltd and Harvest Deal Securities Ltd, with respect to dealings in the case of Nedungadi Bank, according to a release.

First Custodian and Harvest Deal have been found guilty of violating the Regulations of Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market and the Code of Conduct for Stockbrokers respectively, the release added.
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