Sensex corrects downwards, touches peak at 9,309.01 Touching yet a new milestone at 9,309.01 notwithstanding, the Sensex today (Dec 14, 2005) adjusted to a downward correction as it succumbed to profit selling and ended in the negative terrain for the first time in six sessions, registering a modest loss of 22 points at 9,241.76.
Cypress and FE Global Electronics Signs agreement Cypress Semiconductor Corp. (NYSE: CY) and FE Global Electronics have extended their distribution agreement allowing FE Global to sell Cypress's products into Indiaa market that is projected to reach US$40 billion by 2010. FE Global, which became a distribution partner of Cypress in 1993, has contributed significantly to the company's sales growth in China, Malaysia, the Philippines, Singapore and Thailand.
IDS to open Global Product Development center International Decision Systems (IDS), equipment financing software and service solutions provider today (Dec 14, 2005) announced the opening of its Global Product Development center in Bangalore.
Sensex crosses 9,300; hopes for increased inflows The Bombay Stock Exchange Benchmark 30-share Index (sensex) today (Dec 14, 2005) crossed 9,300 level during early trade on fresh buying support prompted by hopes of increased FII inflows after indications that the US interest-rate cycle was coming to an end following an expected quarter-point hike.
