The 30-share index Sensex, today, belled the day after declining over 60 points as shareholders sold scrips owing to feeble trend witnessed across Asian bourses.

The Senses stood at 17,916.85, down 60.38 points (0.33%), while the broad-based Nifty was down by 25.40 points (0.47%) to 5,373.95.

According to brokers, shareholders sold their stocks with the aim to book profits after making recent gains.

Indian equities were trading in a narrow range lacking triggers to drive the stock indices on either path.

All the sectoral indices, barring pharma scrips, remained in negative.

At 12:25 pm, the Sensex stood at 17996.14, up 67.72 points, while the broad-based Nifty gained 18.65 points at 5405.10.

UAE-based telecom operator, Etisalat is close to purchasing around 26% equity stake in Anil Ambani group firm Reliance Communications Ltd for approximately of Rs 15,000 crore.

RCOM representative refused to comment whilst Etisalat executives did not answer phone calls.

Union Finance Minister Pranab Mukherjee announced that an 8.5% GDP growth for the existing financial year would augur well for India during the present fiscal.

But, Mr. Mukherjee warned that the situation could alter in a drastic manner if the financial disaster in the Europe were to soar.

Cellphone manufacturer Motorola India has rolled out five entry-level cellular phones under its subsisting 'MOTOYUVA' brand.

The newly launched cellular phone included MOTOYUVA WX181, MOTOYUVA WX260, MOTOYUVA WX265, MOTOYUVA WX290 and MOTOYUVA WX295.

According to recent reports, Bharat Heavy Electricals Ltd (BHEL) has pocketed an order worth at Rs 26.65 billion.

The scope of new order comprises establishment of a 1,200 MW thermal power facility (2x600 MW) in Chhattisgarh.

On the back of strong buying activity across capital goods, bank, PSU and oil scrips, the 30-share index Sensex made entry into the optimistic terrain after a feeble opening today.

Select metal, telecom and FMCG stocks remained up on firm buying activity.

The scrips from IT sector were weak. Realty, pharmaceutical and auto stocks were quite subdued today.

One of the well-known and high-quality games of Xbox 360 platform has hit the Indian markets.

This full packed action game has ramped up the enthusiasm level of all game buffs.

Crackdown 2 is the game that offers up so much pleasure for its launch.

Ruffian Games has built up the new game, which is specifically configured for Xbox 360.

With the aim to boost the pertinacity or continuity of life insurance plans by clients, the Insurance Regulatory and Development Authority (IRDA) has asked insurance brokers to sell more plans annually.

Domestic airlines flew 45.04 lakh riders during the last month, which was around 22% more as compared to the same period of last year (June 2009).

This is the second successive month when the domestic airline businesses have recorded around 22% increase against same period of 2009.

This probably elucidates the growth in overcrowding at the metropolitan airports.