Stocks shed their intra-day gains as Sensex goes for a tailspin
After opening on a firm note, the Sensex once again went into a tailspin with most of the stock shedding their intra-day gains. Led by the software stocks, the index slipped sharply to close the day marginally higher at 3586.80 points, up 17 points from Tuesday's close of 3569 points.

Can PF investments rake in the moolah for gilt funds?
Concerns are being voiced in the market over the success of the recent move allowing provident/gratuity/superannuation funds to invest in 100% gilt funds. MF gilt scheme which is likely to offer less than 12 % return.''

Low market cap makes steel firms likely takeover targets
The extremely low market capitalisation of steel stocks has opened up possibilities for the takeover of some of these compa-nies. A look at the table will suggest that in the case of certain firms like Bhushan Steel, Llyolds Steel, National Steels etc. are a definite possibility of a takeover.

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