Oil prices will likely steady this week

Oil prices will likely steady this week as renewed fears of supply disruption from the Middle East and North Africa are offset by signs of an economic slowdown in the developed world.


U.S. crude futures on Friday settled lower at USD 100.22 a barrel, taking the weekly loss to 0.36%, after volatile trading, as a grim May employment report weighed on prices but the weak dollar and Middle East violence helped limit losses.

Read the Story: Oil prices to stabilize as geopolitics offset weaker data

रामदेव ने योगपीठ से शुरू किया सत्याग्रह

भ्रष्टाचार के खिलाफ बाबा रामदेव ने हरिद्वार में अपनी योगपीठ से ही सत्याग्रह शुरू किया है। उनके साथ बड़ी संख्या में उनके समर्थक सत्याग्रह पर बैठे हैं। शनिवार देर रात बाबा रामदेव के आंदोलन पर सरकार ने सख्ती दिखाई थी। बाबा को हिरासत में लेकर वापस हरिद्वार भेज दिया गया था। बाबा ने हरिद्वार पहुंचकर साफ कर दिया था कि वो सत्याग्रह जारी रखेंगे।

उन्होंने सरकार पर साज़िश करने का आरोप भी लगाया है। वहीं ये भी कहा है कि उनके सहयोगी बालकृष्ण पर जो भी आरोप लगाए जा रहे हैं वह पूरी तरह गलत हैं। बाबा रामदेव ने कहा है कि सरकार उन्हें राजधानी दिल्ली जाने से 15 से 30 दिन से ज्यादा नहीं रोक सकती।

Nifty down to 5500

Indian equity started the first trade of the week on a negative note following weak global cues post disappointing jobs report. The Nifty has tested the 5500 level in early trade and was hovering around the same level.

Among frontliners, Cairn, M&M, Tata Motors, Maruti Suzuki, Bajaj Auto, ONGC, Ambuja Cements, Jaiprakash Associates, Reliance Infrastructure, SBI and ICICI Bank were pulling the markets down.
However, Sun Pharma, Reliance Power, HUL, HDFC, Reliance Communications were supporting the benchmarks. At 9:18 hours IST, the 30-share BSE Sensex was trading at 18,346, down 30 points and NSE Nifty fell 14 points to 5,503.

Renault India plans to launch more cars in 2012

Renault India plans to launch the Koleos SUV by the end of this year, besides three more cars in 2012, which will also include a small hatchback, a top company official said today.

The Koleos SUV model will be launched in the segment below Rs 20-lakh, where it will compete with cars likes Honda CR-V, Chevrolet Captiva, Ford Endeavour and Toyota Fortuner.

Upcoming Results in the month of June 2011

	Bright Brothers  08-Jun-2011
	Duke Offshore  06-Jun-2011
	Easun Reyrl  01-Jun-2011
	Geojit BNP  06-Jun-2011
	Hit Kit Global  06-Jun-2011
	Sukhjit Starch  10-Jun-2011
	Swarna Securite  04-Jun-2011
	Transport Corp  01-Jun-2011
	Valiant Comm  02-Jun-2011