NSE Top Gainers

Company Name	High	Low	Last Price	Prv Close	Change	% Gain
Jaiprakash Asso	81.65	79.20	81.45	78.70	2.75	3.49
Tata Power	101.00	99.70	100.10	97.25	2.85	2.93
SAIL	93.60	91.70	93.40	90.85	2.55	2.81
IDFC	132.60	128.90	132.45	128.95	3.50	2.71
Reliance Infra	583.70	572.10	582.00	567.50	14.50	2.56
PNB	931.80	920.00	930.00	909.55	20.45	2.25
ICICI Bank	880.00	863.05	874.95	855.75	19.20	2.24
Sesa Goa	193.00	189.20	192.60	188.50	4.10	2.18
Hindalco	128.10	125.70	127.50	124.80	2.70	2.16
Tata Steel	462.35	453.20	462.00	453.10	8.90	1.96
Dr Reddys Labs	1,738.00	1,702.10	1,738.00	1,706.50	31.50	1.85
DLF	202.80	199.50	201.85	198.30	3.55	1.79
GAIL	377.00	369.70	374.45	367.90	6.55	1.78
Coal India	338.90	332.60	338.30	332.80	5.50	1.65
Sterlite Ind	110.95	108.50	110.65	108.85	1.80	1.65
Axis Bank	1,145.00	1,130.00	1,140.40	1,122.05	18.35	1.64
BHEL	253.40	250.00	252.80	248.75	4.05	1.63
Reliance Comm	84.10	82.80	83.85	82.55	1.30	1.57
Cipla	303.95	300.50	303.95	299.25	4.70	1.57
Reliance Power	117.50	116.00	117.05	115.25	1.80	1.56
Reliance	737.50	727.10	735.60	724.65	10.95	1.51
TCS	1,167.80	1,145.50	1,157.00	1,141.20	15.80	1.38
SBI	2,098.00	2,067.70	2,089.80	2,061.35	28.45	1.38
BPCL	697.00	685.15	697.00	687.85	9.15	1.33
Kotak Mahindra	533.65	524.05	531.60	524.60	7.00	1.33
Grasim	2,656.00	2,607.80	2,639.90	2,607.85	32.05	1.23
HDFC	674.50	670.30	674.25	666.80	7.45	1.12
Siemens	758.00	736.55	753.70	745.45	8.25	1.11
Infosys	2,829.00	2,803.00	2,822.30	2,792.00	30.30	1.09
Power Grid Corp	107.40	105.80	106.95	105.80	1.15	1.09
Bharti Airtel	336.50	332.20	335.50	332.15	3.35	1.01
ONGC	263.50	259.70	263.00	260.40	2.60	1.00
Ambuja Cements	169.50	166.65	168.10	166.55	1.55	0.93
Sun Pharma	584.80	575.50	577.00	571.85	5.15	0.90
HDFC Bank	515.60	509.75	514.40	510.10	4.30	0.84
Larsen	1,300.70	1,282.75	1,291.30	1,280.55	10.75	0.84
Mah and Mah	687.95	677.00	684.85	679.45	5.40	0.79
Tata Motors	275.00	272.90	274.10	271.95	2.15	0.79
Ranbaxy Labs	452.45	441.65	450.35	446.90	3.45	0.77
ITC	226.95	224.45	226.00	224.55	1.45	0.65
Hero Motocorp	2,058.55	2,035.30	2,047.30	2,035.95	11.35	0.56
HCL Tech	478.70	472.20	474.50	472.15	2.35	0.50
NTPC	164.40	161.85	163.30	162.50	0.80	0.49
Jindal Steel	554.30	545.10	550.30	548.05	2.25	0.41
Wipro	439.90	434.00	438.15	436.80	1.35	0.31
Maruti Suzuki	1,311.90	1,293.05	1,308.60	1,305.85	2.75	0.21
Bajaj Auto	1,673.95	1,651.10	1,653.05	1,652.70	0.35	0.02

Sensex spikes 1%

The BSE Sensex stayed strongly higher, rising over 1% due to consistent buying interest across sectors. The broader markets too rallied 1%. The Bank Niftygained more than 150 points, supported by ICICI Bank with 2% gains and State Bank of India with 1.4%. Punjab National Bank jumped 2% while rival HDFC Bank was up 0.6%.

Oil & gas producer and India's most valued stock Reliance Industries rose 1.4% and state-owned ONGC was up 0.6%.

The BSE benchmark climbed 189 points to 17,247.64, supported by 29 stocks. Meanwhile, the NSE benchmark was up 62 points at 5,241.25.

Shares of Tata Power and Jaiprakash Associates topped the buying list, rising 3% each.

Tata Consultancy Services and Infosys, country's largest software services provider advanced more than 1%. Housing finance company HDFC too was up 1%.

Drug maker Sun Pharma gained 2% while rival Cipla was up 1%. Capital goods majors Larsen & Toubro and Bharat Heavy Electricals were up 1-1.5%.

Among metals and mining, Tata Steel, Sterlite Industries, Hindalco and Coal India moved up 1.5-2%.

About three shares advanced for every share falling on the National Stock Exchange.

JHS Svendgaard rallied more than 15% amid heavy volume, which shot up 20% yesterday.

Inter-bank liquidity could tighten again: Morgan Stanley

Chetan Ahya, Morgan Stanley said, "The aim of conducting open market operations (OMOs) and cash reserve ratio (CRR) cut is to prevent unintended tightening in domestic liquidity conditions and a further rise in short-term rates. While liquidity conditions should see a seasonal improvement in April, we believe unless capital inflow improves significantly, inter-bank liquidity could tighten again from May-June warranting more CRR cuts."

Muthoot Estate cannot accept public deposits

The Reserve Bank today directed Muthoot Fincorp Ltd arm -- Muthoot Estate Investments -- not to accept any deposits from public in any manner.

"The RBI has directed Muthoot Fincorp Ltd to stop allowing the use of its premises or branches or officials, in anymanner by Muthoot Estate Investments for accepting deposits from public," the RBI said in a notification.

Muthoot Fincorp Ltd, a Kerala based non-deposit taking and non-banking financial company (NBFC), has a partnered with its arm Muthoot Estate Investments.

"Acceptance of deposits from the public by Muthoot Estate Investments is prohibited. Members of the public are hereby cautioned that acceptance of deposits by the company or its arm (Muthoot Estate Investments) is punishable with imprisonment..." the notification said.

Muthoot Estate Investments, in which the promoters of Muthoot Fincorp Ltd are partners, has collected and has been collecting deposits in the form of fixed deposits, cumulative deposits and special public deposits from the public, it added.

Compact Disc board meet today

Compact Disc board will meet today to consider issue of preferential shares.

Compact Disc has touched an intraday high of Rs 24.60 and an intraday low of Rs 21.30. At 09:47 hrs the share was quoting at Rs 24.60, up Rs 4.10, or 20.00%. There were pending buy orders of 19,051 shares, with no sellers available. 
 
It was trading with volumes of 86,791 shares, compared to its 5-day average of 14,332 shares, an increase of 505.57%. 
 
In the previous trading session, the share closed down 0.00% or Rs 0.00 at Rs 20.50. The company touched its 52-week high Rs 65.20 and 52-week low Rs 18.15 on 15 Apr, 2011 and 22 Dec, 2011, respectively. 
 
Currently, it is trading -62.27% below its 52-week high and 35.54% above its 52-week low. Market capitalisation stands at Rs 23.62 crore.