Oil Price Impact on Inflation .6 pct

29 Of 30 Sensex Stocks In The Red, Index Heavyweights Reliance Industries And Infosys Technologies Lead Losers
30-Share Bse Index Trading At 15,899, With 24 Components In The Red

A. Balasubramaniam, Chief Investment Officer, Birla Sunlife Asset Management Says It Will Have Some Bit Of Ressure On Inflation And Also On Fiscal Overall
Anupam Rastogi, Principal Policy Adviser At Idfc, Says The Price Hike Will Have Direct Impact On Headline Inflation, Sees Wpi Rise To As Much As .5 Pct By Mid-June
Bpcl Up More Than 4 Pct, Trading At 366 Rupees Per Share
Broader 50-Issue Nse Index Was Down 0.44 Pct At 4695


Bse Sensex Extends Fall To 3 Pct On Day
Bse Sensex Moves Into Positive Territory Within Minutes Of Govt Announcing Fuel Price Hike
Bse Sensex Provisionally Closes Down 2.9 Pct

Cabinet Reaches Agreement On Fuel Prices, Will Be Announced At Noon Local Time - Minister

Civil Aviation Secy Says 07/08 All Airline Losses At 40 Bln Rupees
Civil Aviation Secy Says 08/09 Airline Losses May Double From Year Earlier On Higher Fuel Cost
Civil Aviation Secy Says Asks Airline To Provide More Details On Issues Being Faced
Civil Aviation Secy Says Asks Airlines To Cut Costs

Despite Shares Of Oil Firms Rising, The Overall Mood In The Markets Seems Negative
Dipak Acharya, Of Bob Asset Management Expects Some Amount Of Stability Once Thereã¢Â?Â?S Clarity On Fuel Prices
Expected Curb On Demand For Oil After India Decision Adds To A More Than $3 Slide On Tuesday
Fall Led By Led Down By Hdfc, Down 0.72 Pct, And Infosys, Down 1.02 Pct
Fitch Places Reliance Infrastructure On Rating Negative Watch
Fuel Price Rise To Lift Annual Wpi Inflation To 13-Yr High Of 9.2 Percent On June 7 - Reuters Poll
Global Oil Prices Fall Below $124 A Barrel To Its Lowest Level In Nearly Three Weeks After India Fuel Price Hike
Gmr Industries Ltd Surges To 96.60 Rupees On Plans To Invest 4.5 Billion Rupees To Set Up Sugar Mill In Karnataka

Govt Raises Price Of Cooking Gas Cylinder By 50 Rupees
Govt Raises Price Of Diesel By 3 Rupee/Litre
Govt Raises Price Of Petrol By 5 Rupee/Litre

Hpcl Trading Close To 3 Pct Up At 256 Rupees Per Share
Hpcl, Indian Oil, Bpcl Shares Trade Down 3-8 Pct Despite Govt Decision To Hike Fuel Prices
India Govt Bonds Down As Govt Hikes Retail Fuel Prices
Indian Oil Gains Close To 3 Pct, Trading 12.75 Rupees Up At 446.60 Per Share
Indian Oil, Hpcl And Bpcl Gain 3 Pct To 4.5 Pct On Govt Decision To Hike Retail Fuel Prices
Ioc, Hpcl, Bpcl And Ongc Shares Gain On Price Hike Announcement
Ipca Labs Plans Capex Of 800 Mln Rupees In Fy09 - Official
Kotak Securities Says Bears Might "Turn The Tide" In Their Favour, Pulling The Market Down To 15,300
Kotak Securities Says If Index Fails To Sustain Above The 16,000 Level, Then Sentiment Would Be Muted
Lehman'S Sonal Verma Says Higher Fuel Cost Is Negative For Growth But Is A Positive Signal As It Reduces Oil Ompanies Under-Recoveries
Let'S Now Take An Instant View On What Analysts Have To Say On The Govt Decision To Hike Fuel Prices
Media Reports, Analysts Say Prices To Be Raised By About 10 Pct For Petrol And 5-6 Pct For Diesel
Moving On To News From The Bse, It Seems Auto Stocks Have Come Under Selling Pressure

Oil Minister Says No Increase In Price Of Kerosene
Oil Secretary Says Price Hikes Effective From Midnight
Oil Secy Says Hike In Fuel Prices To Have 0.5-0.6 Pct Impact On Inflation
Oil Secy Says Upstream Cos To Pay 450 Bln Rupees As Subsidy Share In 08/09

Ongc Shares Rise 1.15 Pct, Trading At 852.00 Rupees Per Share
Ongc Shares Rise More Than 5.5 Pct, Trading At 889 Rupees Per Share
Punj Lloyd Ltd Gains 2.4 Percent On News It Acquired 74 Pct In Uk-Based Engineering Consultancy Firm For An undisclosed Sum

Revenue Secretary: Excise Duty On Petrol, Diesel Reduced By 1 Rupee/Litre
Revenue Secretary: Govt Cuts Customs Duty On Other Petroleum Prods To 5 Pct From 10 Pct
Revenue Secretary: Govt To Cut Import Duty On Crude Oil
Revenue Secretary: Govt To Lose 226 Bln Rupees In Revenue
Revenue Secretary: To Issue 946 Bln Rupees Of Oil Bonds In Fy09

Rupee Gains As Banks Liquidate Dollar Holdings Ahead Of An Expected Increase In Retail Fuel Prices
Rupee Traders Watch The Stock Market To Gauge Foreign Fund Flows
Second-Round Effects To Add Further 50-110 Basis Points To India'S Wpi Inflation Over 3 Months - Reuters Poll

Sensex Claws Back On Price Hike News After Morning Losses, Down Just 0.4 Pct At 15,898
Sensex Is Still Down Close To 150 Points, Trading At 15,821 Points
Sensex Opens 0.2 Pct Higher, But Quickly Turns Negative
Sensex Slips Back Into Red After Briefly Breaking Into Positive Territory, Trading Down 0.26 Pct

Shares Of Deep Industries Touches A High Of 159.95 Rupees On Getting An Order Worth 143 Million Rupees From Reliance Industries
Shares Of State Oil Firms, Ioc, Hpcl, Bpcl, Which Would Gain From Higher Fuel Prices, Are Up More Than 2 Pct In Late Mumbai Mkt
Shares Of Tata Motors, Maruti Suzuki, Mahindra & Mahindra, Hero Honda And Bajaj Auto Are Down 1-4 Pct
Sonal Verma, Economist, Lehman Brothers, Mumbai: Fuel Price Increase Is Higher Than Expected, Says It Should Have Large Direct And Indirect Impact On Inflation
Spicejet Says To Look At Temporarily Suspending Unviable Routes - Director
State-Run Oil Firms Continue Strong Run Ahead Of Expected Retail Fuel Price Hike
Traders Raise Concerns Over Auto Sales Growth, Sentiment In The Sector Had Been Weak Since Morning On Likely Price Hike

With Ioc, Hpcl, Bpcl And Ongc Shares Posting Sharp Gains
Yes Bank Chief Economist Shubhada Rao Says Fiscal Situation Will Deteriorate Further Due To 19 Pct Giveaway In Ustom Duty Relief And Some In Excise
Yes Bank'S Rao: Fiscal Scenario Looks Ominous, Expects Fiscal Deficit To Put Pressure On Government Borrowing

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