Sensex keeps its nose up
The BSE Sensex closed the day at 5925.6 points, up a 1.40 points while the Nifty registered a marginal 2.9-point gain, to close at 1892.5 points.
Market Gainers
ICICI Bank, Bharti Tele-ventures, Trent, Hughes Software, Mastek, PNB Canara Bank, SBI, UCO Bank, Jammu & Kashmir Bank, UB Holdings ACC, JK Synthetics
Market Losers
Lupin Labs, Bajaj Hindustan, Dishman Pharmaceuticals, Lupin Labs Bajaj Hindusthan, Satyam Computer, Infosys, Wipro, Petronet
Market Counters
ICICI Bank gained 6.9 per cent at Rs 319.20
Bharti Tele-ventures rose 5.5 per cent at Rs 177.1
Trent up 19.9 per cent at Rs 314.25
Dishman Pharmaceuticals lost Rs 74 at Rs 467.2
Lupin Labs closed 3.5 per cent lower
Bajaj Hindusthan down 3.3 per cent
Satyam Computer down 2.2 per cent
Infosys down 1.5 per cent
Wipro down 1 per cent
Hughes Software gained Rs.32
Mastek gained Rs.23
PNB gained 7.28 per cent at Rs 384.85
Canara Bank gained 4.49 per cent at Rs 183.70
SBI up 0.26 per cent at Rs 657.55
UCO Bank up 1.58 per cent at Rs 28.90
Jammu & Kashmir Bank gained 2.75 per cent at Rs 515.15
UB Holdings up 2.7 per cent at Rs 42.35
ICICI Bank 7 per cent higher at Rs 319.15
Petronet fell 2.5 per cent to close at Rs 24.20
ACC up 1 per cent at Rs 286.45
Tata Steel flat at Rs 409.35
JK Synthetics up 3 per cent to Rs 13.75
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SEBI's SMILE for the markets
Mumbai: The Securities and Exchange Board of India (SEBI) has set up a high level task force to carry out a thorough "health check" on the securities markets infrastructure. According to a SEBI announcement, Dr. P. J. Nayak, Chairman and Managing director, UTI Bank, would head the 12-member task force. The task force has been named Securities Markets Infrastructure Leveraging Expert Task Force (SMILE).

The heath check will be conducted across all segments of the capital markets - equities, debt, derivatives, fund products - and will cover all market participants including stock exchanges, trading platforms, clearing and settlement systems, payment systems, depositories, issue houses and other intermediaries.

The task force will review the present infrastructure, diagnose deficiencies and adequacies and recommend solutions to upgrade infrastructure, standards of processes and skills.

The members of the task force include C.B. Bhave, MD, National Securities Depository Ltd; Nachiket Mor, ED, ICICI Bank; Ravi Narain, MD & CEO, NSE; Manoj Vaish, ED & CEO, BSE; Sanjay Nayar, CEO, Citibank and Alok Vajpeyi, President, DSP Merrill Lynch Mutual Fund. Pratip Kar, Executive Director, SEBI will be the member Secretary of the task force.
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NDTV IPO oversubscribed
Mumbai: The initial public offer of New Delhi Television Ltd (NDTV) has been oversubscribed 4.8 times at the end of day three. The issue remains open till April 28.
The 100 per cent book building issue has specified a price band of Rs 63-Rs 70, with the face value being Rs. 4.
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