Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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MARKET EYE-MphasiS shares jump after Digital Risk buy
* Shares in MphasiS Ltd rose as much as 6.1 percent after the company, a unit of Hewlett-Packard Co, agreed to buy U.S.-based Digital Risk LLC, a mortgage management specialist, for $175 million. * MphasiS said in a statement that Digital Risk is expected to register revenues of $127 million in CY2012. * The company has maintained that it would be looking at acquisitions to utilize the huge cash and cash equivalents of 23 billion rupees on the books. * Shares up 4.24 percent at 404.60 rupees. (manoj.dharra@thomsonreuters.com)
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