Sensex pauses for breath
The Sensex moved up 35.59 points to close at 5400.99 points; the 50-stock Nifty rose by 11.40 points to end at 1696.40 points.
Gainers
Cadila Healthcare, Aurobindo Pharma, Burroughs Wellcome, Sun Pharma, HCL Infosystems, Emco Industries
Losers
MICO, IBP, Monsanto, Jubilant Organosys, Mphasis BFL, GlaxoSmithKline Pharma, Divi's Labs, Wockhardt, Oriental Hotels, Thomas Cook, Balrampur Chini, Aptech
Counters
Infosys put on Rs.75.9 to finish at Rs.5, 157.5
Reliance moved up by Rs.2.65 to finish at Rs.510.6
HDFC climbed by Rs.9.35 to end at Rs.614.65
Bharti Tele-Ventures rose to Rs.5 to end at Rs.138.85
Gujarat Ambuja Cement rose by Rs.10.35 to end at Rs.294.8
Bajaj Auto gained close to Rs.12 finishing at Rs.864.3
Hindalco ended at Rs.1, 307
Grasim ended at Rs.1, 023.95
Cipla moved up by Rs.0.4 to settle at Rs.1154.35.
Matrix Laboratories, jumped by Rs.38 to end at Rs.1, 449.4
Moser Baer jumped by Rs.26.65 to end the day at Rs.266.4
Pantaloon Retail put on Rs.14.45 to finish at Rs.235.6
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Tata Mutual to launch a Fund of Funds
Kolkata: Tata Mutual Fund is slated to launch a Fund of Funds (FoF), the Tata Plan Your Saving Fund. The fund has four plans targeted at investors in divergent age groups.The asset allocation strategies will enable investors to deploy their savings across various classes of securities on the basis of age, risk appetite and upcoming financial needs.

The 20s Plan, the 30s Plan, the 40s Plan and the 50s-Plus Plan are the names of the options that have been designed, keeping in view requirement of investors in the respective groups. Each plan will invest in a basket of schemes, including those managed by Tata MF.The FoF's offer document filed with SEBI has clarified that exposure to equity will reduce progressively as the age group goes up the scale. Under normal circumstances it will be 60 per cent and 40 per cent respectively for the 30s Plan and the 40s Plan, while for the 50-plus investor, the allocation to stocks will be 25 per cent.
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Data Access IPO at Rs 17-20 price band
Mumbai: International long-distance service provider Data Access plans to raise Rs.100 crore through its IPO, which opens on March 29 and closes April 5.The proceeds would be utilised to expand and upgrade the company's telephony network, repay outstanding debts and expand into emerging markets.

The IPO comprises a fresh issue aggregating 50 million equity shares at a face value of Rs 10 each and a price band of Rs.17 to Rs.20. The issue will constitute 25 per cent of the company's paid-up capital.Out of the outbound voice traffic of 80 million minutes per month, Data Access has 10 million minutes/month and of the inbound voice traffic of 300 million minutes/month, the ILD player has 110 million/minutes.
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