The major global events this week are the European Central Bank interest rate decision and China's inflation rate, say analysts
The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.
Half of the BSE 500 companies have fallen more than 25% from their peaks
PC Jeweller, Vakrangee, Just Dial, Wochardt, Unitech, Aban Offshore, Rain Ind, Jindal Saw, Praj Ind, Bombay Burmah, Philips Carbon Black and Bombay Dyeing were down more than 25% from one year highs
HDFC, HDFC Bank, HUL and Maruti Suzuki from the Sensex hit new highs