Infosys scrip braves brokers' boycott
Mumbai: The BSE Sensex shed 45 points to close at 4899 points, down from its previous closing of 4944 points while the Nifty, ended lower by 17 points, to close at 1539.30.

Market Gainers
IOB, PNB, Oriental Bank, Vijaya Bank, Infosys, Satyam, Patni Computers, Hexaware, Polaris

Market Losers
ONGC, SAIL, BPCL, Container Corporation, ACC, Gujarat Ambuja, Rashtriya Chemical Fertiliser, Madras Fertilizers, Nagarjuna Fertiliser, Tata Motors, Maruti, Hero Honda

Market Counters
Bajaj Hindusthan up Re 1 at Rs 45.55
Praj Industries up Rs 2.55 at Rs 131.35
Sakthi Sugars up Rs 1.2 at Rs 29.9
Asahi India Glass down 1.42 per at Rs 97.40
Birla Corporation down 2.59 per cent at Rs 105.50
Madras Cement down 1.48 per cent Rs 644
Ashok Leyland down 3.50 per cent at Rs 20.65
BPCL down 4.83 per cent at Rs 309.25

BSE 30
Figures in Rupees
Gain (+) / Loss (-)

ACC 231.10 -8.60
Bajaj Auto 890.35 -24.30
Bharti Televentures 151.70 -3.25
BHEL 544.50 +12.45
Cipla 234.75 +0.90
Dr. Reddys Laboratories 757.30 -6.85
Grasim Industries 959.20 -53.20
Gujarat Ambuja 264.95 -14.15
HDFC 560.50 +11.10
HDFC Bank 365.20 -1.50
Hero Honda Motors 467.60 -19.20
Hindalco Industries Limited 1,068.95 -12.00
Hindustan Petroleum Corp 286.20 -1.55
HLL 123.70 -0.25
ICICI Bank 236.75 -4.40
Infosys Technologies 1,402.45 +26.20
ITC 1,045.35 -7.95
Larsen & Toubro Limited 729.95 +3.35
Maruti Udyog 418.80 -11.80
MTNL 131.75 -2.65
ONGC 666.00 -13.95
Ranbaxy Labs 978.00 -3.55
Reliance Energy 575.75 +10.75
Reliance Industries 430.45 -5.70
Satyam Computer Services 320.30 +2.85
State Bank Of India 428.90 -3.30
Tata Motors 404.65 -18.40
Tata Power 250.50 -3.25
TISCO 307.55 -6.95
Wipro 495.95 -2.15
Zee Telefilms 128.30 -0.45
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Brokers meet FM
New Delhi: Representatives of the broking community who met the Finance Minister P.Chidambaram on Tuesday suggested that the burden of taxation on the different players in the capital market should be commensurate with their incomes. Besides making recommendations on the rates, applicability of tax on different market players, the broking community also expressed keenness that the effect of taxation between the buyer and the seller should be equitable. The Securities and Exchange Board of India (SEBI) Chairman, G.N. Bajpai, told presspersons that the Finance Minister would have to take a view on the matter after considering the suggestions of the different market players. The SEBI Chief had also met the Finance Minister on Tuesday morning on the same issue.
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Day traders' strike: Infosys Q1 result plays spoilsport
Mumbai: With a section of the day traders refraining from active trading the trading volumes were affected only marginally at the stock exchanges The response to the strike was lukewarm, as the Finance Minister, P. Chidambaram had already stated that he was open to review the transaction tax. The good financial results announced by Infosys Technologies also would have taken the wind out of the striker's sails.
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