NATIONAL Sensex touches new peak of 11,146.85, ends flat The Bombay Stock Exchange benchmark index today (Mar 28, 2006) ended flat after touching yet another intra-day peak of 11,146.85 points in highly volatile trade, as institutional investors and traders were engaged in squaring up of positions due to year-end considerations, as well as approaching expiry of derivatives contract.
Rupee remains under pressure on month-end demand Month-end dollar demand continued to keep the Rupee under severe pressure in nervous early trade at the Interbank Foreign Exchange (forex) market today (Mar 28, 2006) with the outlook uncertain because of rising crude oil prices.
Sensex hits new peak at 11,146.85 in early trade Riding high on unabated FII inflows, the Bombay Stock Exchange (BSE) Benchmark 30-share Index (Sensex) today (Mar 28, 2006) spurted to yet another record high of 11,146.85 points during morning trading while operators covered short positions in derivatives ahead of expiry of March contract.
INTERNATIONAL Kamal Nath criticises west for opposing free trade Commerce and Industry Minister Kamal Nath has hit out at western countries for opposing free trade and cross-border investment like Mittal Steel's bid for Arcelor and Dubai Ports World's proposed investment in the US.
Luxembourg's takeover law not aimed Mittal's bid Luxembourg today (Mar 28, 2006) said a takeover law that it planned to enact in May was in no way aimed at creating impediments to steel tycoon L N Mittal's bid to takeover Arcelor.
