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Rising crude inventories in the US have raised concerns about growth of oil demand leading to price correction below $100/bbl and declining by more than 1 percent yesterday.

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Grasim industries profit is expected to fall 12 percent year on year to Rs 112 crore, according to the market analyst. Ultratech the major contributor in the profit of Grasim industries. Oil marketing companies raise the price of petrol and diesel Rs 3.96 and 2.37 per litre respectively after the rate cut in the month of April.

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Gold slipped 1 percent on Monday as the dollar ascended against the euro after pioneers struck an arrangement to arrange a Greek bailout, while flags the US Federal Reserve was still on track to raise rates this year additionally weighed. Greece won contingent consent to get a conceivable USD 95 billion more than three years.

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The stock market ended higher with better gains than previous days, Sensex up 363.30 points at 27687.30 and Nifty up 111.30 points at 8373.65. Oil companies stocks gained most on fuel prices raised over the weekend. Bank, Pharma, Infra, and FMCG Stocks were up.

Reports of strong growth in the US housing sector however raises prospects that US interest rates will rise sooner that market expectations. Rise in global equities will also exert downside pressure on gold prices

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Stocks of Reliance industries, HDFC, L&T, ITC, ONGC, Wipro, Bharti Airtel and Vedanta added 1-2 percent. Hindalco jump 2 percent as LIC raised the stocks in the Company. However, BHEL, Tata motors, Cipla and HUL fell 0.3-1 percent, The Indian rupee has opened with slight gain of 5 paise at 63.68 per dollar today compared to previous day's closing.

Stocks of Lupin raised 2 percent in early trade on Monday after entered into the 30 share BSE. Important News: The Bombay stock Exchange removed Tata powers from its benchmark. Infosys : Buy at 995, Target - 1015, Stop Loss - 989 State Bank of India : Buy - 260, Target - 272, Stop Loss - 527

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As much of the nation's focus is on the soon-to-be-passed Stimulus Bill, and the tragic Buffalo plane crash, there's other news that bears notice. This week, corporations have rushed to take advantage of the opportunity to raise capital, in order...

If Barack Obama can defy the terrific odds of being raised by his grandmother instead of a nuclear family, graduate Harvard magna cum laude, become a community organizer in Chicago in 1985, serve Illinois as their Jr. Senator from 1996-2004,...

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Preliminary agreement to raise the U.S. debt ceiling boosted blue chips above the 50-day moving average, but gains were capped by the 250-day moving average level.