Markets may bounce back in opening trades and pare recent losses following rally in Asian and US markets after the US Federal Reserve pledged to hold rates near zero for an extended period.

Pre-market: Rebound on cards following rally in Asia

Business Standard

Shares of IT company Mahindra Satyam surged by 15% in early trade on the bourses today after the company clocked a Rs 225 crore profit for the June quarter.

Mahindra Satyam surges 15% on bourses

Press Trust of India

Having borne the brunt of the acute selling pressure prevailing in the stock market over the past few trading sessions, IT stocks led by TCS and Infosys made a smart recovery in early trade today in line with the bullish trend in the broader market.

IT stocks make smart recovery in early trade

Soaring gold and silver prices have given a boost to jewellery stocks that are trading 2-5% higher this morning.

Jewellery stocks shine as precious metal prices soar

Bharat Forge  is trading nearly 6% higher at Rs 285 on the National Stock Exchange  (NSE) after the company reported a 64% year-on-year (y-o-y) rise in  standalone net profit for the June 2011 quarter at Rs 97 crore.

Bharat Forge soars 6% on 64% rise in net

Taking cues from the overseas markets, the Sensex opened with a positive gap of nearly 400 points at 17,245. The Sensex moved a wee bit higher to 17,256, thereafter, the index pared some gains on account of profit taking in select stocks. The Sensex touched a low of 17,022, but soon bounced back to higher levels.

Markets reverse six-day losing streak

Domestic institutional investors (DIIs) were net buyers of Rs 289.95 crore (provisional) today, according to data released by BSE.

DIIs net buyers of Rs 290 cr in cash mkt today

Market regulator the Securities and Exchange Board of India (Sebi) today asked stock exchanges to impose heavy penalty on brokers allowing their clients to trade in derivative market without sufficient margin money and said that fines could be as high as the shortfall of funds.

Sebi to penalise brokers not collecting margin

The Securities and Exchange Board of India (Sebi) today alleged in the Bombay High Court that MCX Stock Exchange (MCX-SX) had concealed some facts while diluting its equity stake under the &quot;capital reduction cum arrangement&quot;.

Sebi alleges MCX-SX concealed facts while diluting equity

The Securities and Exchange Board of India (Sebi) has asked stock exchanges to penalise brokers for short collection or non-collection of margins in the equity derivatives segments.

Brokers to pay penalty for not collecting margin

Raamdeo Agrawal, joint managing director, Motilal Oswal Financial Services, tells Krishna Merchant that investors need not panic due to the steep fall in Indian equity markets and should start accumulating stocks at the current levels.

Q&A: Raamdeo Agrawal, Motilal Oswal Financial Services 

Asian markets, including India, on Wednesday cheered the US Federal Reserve&rsquo;s announcement to keep interest rates near zero for at least two more years. But, the US stock markets once again revived fears of a global market crash, opening with steep drops as European markets also reversed earlier gains by diving deep into the red.

Fed lifts Sensex, but spooks US, Europe

Trades between FIIs generated a volume of Rs 114 crore on the BSE Wednesday-an increase of 2.39% from Rs 111 crore clocked on Tuesday. As many as eight stocks witnessed trades of 12 lakh shares on Wednesday.

FII-TO-FII: Grasim Ind traded at 6% premium

The markets may see a soft opening on the back of the subdued cues from the global markets.

Pre-Market: Soft opening on cards, global cues weigh

Apollo Tyres has slipped more than 5% to Rs 67.20 ahead of its financial results for the first quarter ended June 2011 due today.

Apollo Tyres dips ahead of Q1 results

Monsanto India is trading 3% higher at Rs 1,935, extending its Wednesday 16% rally after the company announced bonus issue plans.

Monsanto rises on bonus issue plans

The markets ended in the red due to selling pressure in frontline stocks - ICICI Bank, Bharti Airtel and Tata Power, shrugging off firm cues from Europe.

Markets end lower, ICICI Bank slips 2%

Nitin Fire Protection Industries has rallied 8% at Rs 143 after the board of directors&rsquo; recommended liberal bonus issue in the ratio of 5 bonus shares for every 2 existing fully paid up equity shares.

Nitin Fire Protection at new high on 5:2 bonus issue

Amid a global market mayhem triggered by a rating action in the US, Sebi has decided to keep an &quot;intent watch&quot; on the role of credit rating agencies and risks they might pose to the market -- with an aim to make necessary changes in regulations for these entities.

Sebi to keep an eye on rating agencies

With an aim to shielding investors from vested interests and potential corporate scams, market regulator the Securities and Exchange Board of India (Sebi) has proposed to frame a strict set of rules for research analysts and wants an independent oversight body for auditors.

Sebi for greater oversight of auditors, analysts

Domestic institutional investors (DIIs) were net buyers of Rs 266.25 crore (provisional) today, according to data released by BSE.

DIIs net buyers of Rs 266 cr in cash mkt today

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