JSW Steel may raise Rs 2000 crore to refinance its debt in next 2-3 months, reports DNA. It touched an intraday high of Rs 929.95 and an intraday low of Rs 916. At 09:58 hrs the share was quoting at Rs 927, up Rs 17.85, or 1.96%.

On March 15, 2011 JOLLY TRADING & MERCHANDISE PRIVATE LIMITED sold 2,085,000 shares of JMD Telefilms Industries at Rs 15.25 and SURBHI INVESTMENTS & TRADING COMPANY PRIVATE sold 396,759 shares at Rs 15.28 on the BSE.

On March 15, 2011 BANK OF INDIA sold 3,258,100 shares of Nova Iron & Steel at Rs 11 on the BSE. GALA FINANCE AND INVESTMENT LIMITED bought 3,306,509 shares at Rs 11. Yesterday the share closed at Rs 11.11.

On March 15, 2011 ALBULLA INVESTMENT FUND LTD bought 2,037,402 shares of United Breweries Holdings at Rs 176 on the BSE. MORGAN STANLEY MAURITIUS COMPANY LIMITED sold 2,037,402 shares at Rs 176. Yesterday the share closed 8:53 AM 3/16/2011at Rs 180.75.

On March 15, 2011 INTERNATIONAL HOSPITAL LIMITED bought 2,451,333 shares of Fortis Malar Hospitals at Rs 30.90 on the BSE. However, OSCAR INVESTMENTS LTD sold 2,451,333 shares at Rs 30.90. Yesterday the share closed at Rs 32.75.

Japan's benchmark Nikkei stock average and the broader Topix index rebounded on Wednesday after two days of heavy losses spurred by a devastating earthquake and tsunami in northeast Japan and the nuclear safety crisis that followed.

Brent crude fell more than USD 1 on Wednesday to a three-week low near USD 107 as pessimism about Japan's nuclear crisis offset concern about Middle East unrest after Bahrain declared martial law.

Standard & Poor's Ratings Services believes crude oil prices over $148 a barrel could cause global panic and risk a double-dip economic recession, said its global chief economist David Wyss.

On March 15, 2011 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED bought 732,000 shares of Network 18 Media & Investments at Rs 160 on the NSE. Yesterday the share closed at Rs 157.35.

On March 15, 2011 ULTIMA FINVEST Ltd sold 300,000 shares of JK Tyre and Industries at Rs 95.83 on the NSE. Yesterday the share closed at Rs 96.

Mahanagar Telephone Nigam (MTNL) is planning to setup wind power plant in Maharashtra with an initial investment of Rs 100 crore, reports Business Standard. It touched an intraday high of Rs 45.15 and an intraday low of Rs 44.30. At 09:39 hrs the share was quoting at Rs 44.90, up Rs 0.95, or 2.16%.

Japan tsunami has reduced rubber prices by Rs 30 per kg bringing relief to the tyre companies, reports The Financial Express. At 09:35 hrs JK Tyre and Industries was quoting at Rs 99.20, up Rs 4.75, or 5.03%. It was trading with volumes of 127,948 shares.

On March 15, 2011 AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED sold 214,180 shares of Chandni Textile at Rs 65.90 and MAIDEN TRADEFIN

In a lucid interview with Forbes India, Bhabha talks about the role of humanities in modern society, the lack of public debates and why we distance the ‘other’.

Tata Consultancy Services (TCS) has bagged a multi-million dollar IT Infrastructure deal from Dutch technical consultancy firm Royal Haskoning, reports The Economic Times. It touched an intraday high of Rs 1,103 and an intraday low of Rs 1,090. At 09:32 hrs the share was quoting at Rs 1,099, up Rs 9.20, or 0.84%.

Oil companies have gained today on the news that they are going to hike ATF prices by average Rs 3,521.50/kl on Wednesday.

Business sentiment at Asia's top companies rose in the first quarter to their highest level in eight quarters, with global economic uncertainty seen as the biggest risk to the positive outlook

Indian equities benchmarks bounced back sharply on Wednesday morning on the back of short covering as shorts were built up yesterday amid weak global cues.

The Indian rupee opened at 45.19 per dollar versus 45.25 yesterday.

Global credit rating agency Standard & Poor's (S&P) on Tuesday said it was too early to review Japan’s sovereign rating in the wake of last week’s powerful earthquake.

Money Market Operations as on March 15, 2011

Apax Partners, the London-headquartered private equity giant with USD 10 billion assets under management, is expected to throw its weight behind one of the bidders who will be interested in buying some brands of Henkel India.

PTC India Financial Services, Indian non-banking financial institution promoted by PTC India, has opened its initial public offering of 15.67 crore equity shares for subscription today.

According to a report by Angel Broking, if Nifty trades above5440 during the first half-an-hour of trade then we may witness a further rally up to 5507-5565 levels.

SBBJ | JSW Steel | MTNL | TCS | RIL | ITC | PTC India and EIH are stocks, which are in the news today.