FIIs continue selling spree as blue-chips hit all-time lows
Bloodbath on the stock markets continued on Wednesday with equities continuing to slip further as FIIs continued to sell in most of top New Economy and index stocks.

Bear-hug could ease, but beware of long positions
For yet another day, tech stocks remained under strong selling pressure and affected the sentiment badly. The main culprits were Satyam Comp, Zee Tele, Infosys, Reliance, MTNL, and ITC.

Delhi-based company makes open offer for Gesco Corporation
Delhi-based Renaissance Estates Ltd., a wholly owned subsidiary of Utkal Investments Ltd., is to make an open offer to acquire 45% of the share capital of Mumbai-based Gesco Corporation Ltd which is engaged in managing, developing and operating commercial properties.