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Markets weak in morning trades
The markets opened on a flat note amid mixed global cues. However, bears were soon seen active following yesterday"s weakness. The Sensex drifted to a low of 16,778, down 109 points from the day"s high.

Jet back in black with Rs 106 cr profit in Q3
Private airline Jet Airways today posted a profit of Rs 105.80 crore for the third quarter ending December 31, 2009, the company said in statement here.

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Toxic waste disposal at cement plan
Even as legal experts refuse to buy government’s claim that 350 tonnes of waste is no source of pollution and factory premises pose no health risk to humans, a study is going on to incinerate the waste in some cement kiln. According to sources, a final report would come by end of this month or in January. If a well placed government source is to be believed, the Central Pollution Control Board and National Council for Cement and Building Material are in dialogues over the issue.
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Sensex ends up 153pts

After an initial slide, the Sensex turned volatile on the back of mixed cues from the Asian markets. The index gained strength and touched a high of 16,910 - up 243 points from the day"s low of 16,667. - Ranbaxy pares early gains, ends flat - Sensex ends up 148pts - Asian markets end flat - Sensex firm; IT, metal stocks lead - Sensex at day"s high - Sensex opens flat The Sensex finally ended with a gain of 153 points (1%) at 16,849. Asian markets ended flat with the Nikkei slipping 34 points. US markets had also edged lower on energy shares. The Centre for Monitoring Indian Economies" (CMIE) upgraded view of India"s GDP (from 6% to 6.2%) helped the NSE Nifty to cross the 5,000 mark again. However, the index slipped from the day"s high to end at 4,999 - up 46 points. The BSE market breadth turned neutral towards the end. Out of 2,827 stocks traded 1,378 advanced while 1,349 declined. All indices ened in the green, barring realty and consumer durables. The BSE metal, IT and auto indices were up 1.5% each. The oil & gas index added 1% in trades today. INDEX MOVERS... Hero Honda was the best performer and surged 4% to Rs 1,579. Maruti Suzuki also pushed up 4% to Rs 1,480. IT stocks were the biggest contributors with Infosys gaining 1.5% to Rs 2,359 and TCS moving up 2.5% at Rs 670. Wipro also edged up 1.2% to Rs 633. ONGC added 3% to Rs 1,184 on hopes of a rise in gas prices by the government. Index heavy-weight, ICICI Bank advanced 1.6% to Rs 909. Other gainers in the market today included Tata Steel, Hindustan Unilever, Hindalco, Reliance Infastructure and Grasim. ...AND THE SHAKERS Jaiprakash Associates was the big loser in the benchmark today. The stock slid 2% to Rs 232. VALUE & VOLUME TOPPERS... Mahindra Satyam topped the value chart with a turnover of Rs 521.03 crore on the BSE. It was followed by Reliance (Rs 149.12 crore), DLF (Rs 144.20 crore), JSW Steel (Rs 122.24 crore) and SBI (Rs 119.86 crore). Mahindra Satyam also leads the volume chart with trades of 46.50 million shares. It is followed by Cals Refineries (16.10 million), Wire & Wireless India (15.50 million), Suzlon Energy (12.76 million) and Unitech (9.19 million) shares on the BSE.


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