lpg, Liquid Petroleum Gas price forecast 2011

lpg forecast 2011 : Data showing acceleration in headline inflation in March 2011 and IT bellwether Infosys' disappointing earnings growth forecast for the year ending March 2012 (FY 2012) erased a large part of the gains clocked by the key benchmark indices on Wednesday, 13 April 2011. The BSE 30-share Sensex was provisionally down 335.86 points or 1.71%, up close to 25 points from the day's low and off close to 340 points from the day's high. Infosys tanked 9.7% and was the top loser from the Sensex pack. Other IT stocks, too, edged lower after Infosys' disappointing earnings forecast. The market breadth was negative.

Infosys tanks nearly 10% as FY 2012 earnings guidance disappoints
The market skidded in early trade on weak Q4 result reported by Infosys at the onset of the trading session. Volatility ruled the roost as the key benchmark indices extended initial losses to hit fresh intraday lows in morning trade. Weakness continued in mid-morning trade. Selling pressure aggravated as the key benchmark indices hit fresh intraday lows in early afternoon trade soon after the data showed acceleration in headline inflation in March 2011. The market soon came off lows. The market weakened again in late trade after moving in a range. Read More...

Enbridge Energy Partners and Enbridge Energy Management Complete Two-for-One Split
Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or "the Partnership") today announced that it has completed the two-for-one split of the Partnership's Common Units and I-Units. Enbridge Energy Management, L.L.C. (NYSE: EEQ) also announced the completion of the two-for-one split of its Listed Shares and Voting Shares. Read More...

PSU OMCs edge lower on higher crude oil prices
The market nudged higher in early trade as most Asian stocks rose. The market pared gains after hitting fresh intraday high in morning trade. The market was marginally higher in mid-morning trade. The Sensex pared gains after regaining strength in early afternoon trade. Read More...

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