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Popular Articles

Civil Aviation Min sets up panel to probe chopper crash
The Civil Aviation Ministry tonight set up a four-member committee to probe the cause of Andhra Chief Minister Y S Rajasekhara Reddy"s helicopter crash in which he was killed.

World Bank bars Siemens' Russian unit for corruption
The World Bank has said it has barred a Russian subsidiary of Germany"s Siemens from participating in bank projects for four years, citing evidence of fraud and corruption.

News of the day

Wockhardt ends weak despite US FDA nod for generic drug
Wockhardt closed at Rs 175, lower by Rs 5 or 2%, on the BSE.
Business Ideas

Tech view: Markets likely to open weak

After a bearish last week, the markets are likely to open on a negative note owing to weak global cues. The US markets ended with deep cuts on Friday. The Dow shed 2%, and the Nasdaq slipped 3%. The Sensex may seek support around 16,615, below which the losses may extend up to 16,440-16,305-16,175. As long as the 16,615 holds, there would be hopes for the markets to bounce back. In case of a pullback, the index is likely to face considerable resistance around 17,100.


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