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Markets at a glance
The markets began on a weak note with the BSE Sensex closing at its six-week low on Monday. Later, robust advance tax numbers triggered a rebound in the broader indices. Corporate advance tax payments for the quarter were up 44 per cent to Rs 48,300 crore against a decline in June quarter and a 15 per cent increase in September quarter. The market gained in three out of the four trading sessions in the week. While volumes were low ahead of an extended weekend on account of Christmas. FIIs bought stocks worth Rs 1,360 crore. The Sensex rose 640 points or 3.8 per cent to 17,361, while Nifty gained 190 points or 3.9 per cent to 5,178. However, mid caps and small caps underperformed.

Saudi Haj tourism loss highest in 50 years
Saudi Arabia’s Haj and Umrah industry may suffer a loss of more than 3 billion Saudi riyals ($799 million) this year, the biggest in the last 50 years, owing to swine flu.

News of the day

US body to work with Andhra govt
US consul general Cornelis M Keur on Friday met health minister D Nagender and offered to work together in dealing with H1N1 cases through the Centre for Disease Control (CDC), a US government body working in the state with the Andhra Pradesh State AIDs Control Society.
Management

One more swine flu death in Pune; toll rises to 34

One more person died of swine flu here, taking the death toll in the viral infection in the city to 34, health officials said today. - Novartis" swine flu vaccine show encouraging results - Ranbaxy receives govt order for Tamiflu - Swine flu countrywide toll rises to 102 - GSK plans to launch H1N1 drug in India - Azhagiri inaugurates swine flu health call centre - Mexico could have 1 mn swine flu cases: minister Sandeep Dayne (35) died last night at a private hospital where he had been undergoing treatment since August 28. Meanwhile, six fresh cases of the viral infection have been detected in the city, worst hit by the pandemic. Pune branch of Indian Medical Association (IMA) has announced that it would hold workshops to train doctors in rural areas to handle suspected swine flu cases.


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