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British singer Elton John has handed out some tough advice to his longtime friend and tour companion Billy Joel who has spent much of his career battling alcoholism: seek better treatment.
Australian Open champion Kim Clijsters plans to play on for a maximum two years following her remarkable run of success since returning to the tour in 2009 after taking time out to have a baby.
Fernando Torres gets the chance to break Liverpool fans' hearts twice in a week with the Spain striker poised to make his Chelsea debut against his former club in the Premier League on Sunday.
Oil prices rose on Wednesday as worries persisted that upheaval in Egypt could spread across the Middle East and North Africa, source of a third of the world's supply of crude.
US stocks stalled on Wednesday, a day after the Dow and the S&P 500 closed above important technical levels and at their highest in about two-and-half years.
Manchester United right back and former England international Gary Neville announced his immediate retirement on Wednesday.
A judge on Wednesday ruled the wrongful death lawsuit filed by Michael Jackson's mother can proceed against concert promoter AEG Live, setting up a legal showdown between Katherine Jackson and the company she blames for the "Thriller" singer's demise.
The Rolling Stones on Wednesday said they have "no firm plans to tour," and sought to distance themselves from a legal battle between concert promoter Live Nation and its former chairman Michael Cohl.
M&M | Tecpro Systems | California Software | Alok Industries | Nitco | Natco Pharma | Bajaj Hindusthan | BHEL | NALCO | Tata Steel | ACC | Ambuja Cements | SAIL | HUL | Delta Corp | Mercator Lines and Ashok Leyland are stocks, which are in the news today.
The opening will gain some momentum. Overall, the period till 10:50 is good. Ganesha has made accurate predictions earlier as well, so be patient and do not worry.
Brent crude headed towards USD 103/barrel. Nymex crude got back above USD 91/barrel. EIA says inventories were up 2.59 million barrels last week.
The coming session is likely to witness a resistance at 5495 on advances above which the 5535 maybe seen. Support is likely at the 5380 below which the 5360 maybe tested.
Japan's Nikkei was down 0.24% or 24.58 points at 10,432.78.
Markets have remained dull and we expect them to continue to remain dull. However, the LAF numbers released yesterday have shown some improvement in the liquidity situation overall which could bring in some buying interest. The 10-year bond is likely to trade around 8.15%, says RVS Sridhar, Axis Bank.
Stock Futures shed 72 lakh shares in OI. Nifty 5500 Call added 6.5 lakh shares in OI while Nifty March 4800 Put added 4.2 lakh shares in OI.
F&O cues: Total Nifty futures down Rs 104 crore and Options up Rs 2316 crore.
The rupee may appreciate as the dollar continued to weaken against major currencies. A recovery in the domestic equity markets may support the rupee further. Range for the day is seen between 45.50-45.65, says Ssharad D Pawaar, SPFX India.
Market cues: FIIs net sell USD 92.9 million in the cash market on Feb 01.
Indian ADRs ended mixed with negative bias on Wednesday. In IT space, Infosys was down 1.06% at $ 68.02, Wipro was up 0.23% at $ 13.3 and Patni Computers was down 1.9% at $ 19.99.
MSCI India lost a significant 11% over the month and underperformed the MSCI Emerging markets index led by FII selling on the back of increased policy risks and political uncertainty, says Bharat Iyer of JPMorgan.
There was no major sell-off by FIIs yesterday. FIIs were net sellers of Rs 82 crore while DIIs were net buyers of Rs 680 crore in cash markets on Wednesday, as per provisional data available on NSE.
Oil prices rise despite a rise in US crude stockpiles settling around the USD 91 per barrel mark on persisting concerns that the Egypt upheaval may spread across other Middle Eastern countries.
The Dow Jones Industrial Average ended up 2 points at 12,042. The Nasdaq Composite was down 1.5 points at 2,750 and S&P 500 Index was down 3.5 points at 1,304.
In the US markets, stocks ended narrowly mixed with the major indices ending above key thresholds as sentiments continued to remain negative amid the political unrest in Egypt despite good job news. However, the markets took a breather from yesterday's multi-year highs.
Tata group firm Voltas has reported consolidated net profit of Rs 70.5 crore for the quarter ended December 2010, down 6.8% as compared to Rs 75.7 crore in same period the previous year.
