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Rupee erases earlier gains; drops 11 paise to 45.73/$
Erasing its early gains, the rupee was trading 11 paise down at 45.73 against the dollar in late morning deals on good demand from banks for the US currency that was going strong against its other major rivals.

Gold futures climb on global cues, weak dollar
Continuing the record-setting spree, gold prices today climbed to Rs 18,399 per ten gram for April delivery amid weak US dollar.

News of the day

MP govt to attract investors in agri-processing sector
Tardy and lengthy documentation process, costly power and under-developed infrastructure plague the state’s industrial scenario, but the Madhya Pradesh government will perform its ritual of attracting investment this year too, although the focus has now been shifted from core sectors to only agri-processing sector.
Corporate

Asian markets end in the red

The Hang Seng has dropped 348 points to 22,423 and the Nikkei has declined 96 points to 9,401. - "Markets to see life-time high soon" - Sensex off day"s low - Markets slip deeper into red - United Spirits hits new 52-wk high on distillery acquisition - Bajaj Auto gains on product launch plans - Sensex weak in early trades The Seoul Composite has slipped 12 points to 1,606 and the Straits Times has weakened 17 points to 2,779. Shanghai Composite has shed 115 points at Rs 3,223. Taiwan Weighted was the only exception, closing up 27 points at 7,715. __________________________________________ (Updated at 1133 am) Asian markets have extended losses and the $ trimmed its fall. The Hang Seng has dropped 48 points 22,723. The Nikkei has declined 81 points (1%) to 9,416. The Seoul Composite has slipped 15 points (1%) to 1,604. The Shanghai Composite and the Straits Times are flat. However, the Taiwan Weighted has managed to hold on to gains and is now up 27 points at 7,715. ________________________________________________ (Updated at 0816 hrs) Asian markets are mixed this morning. The Hang Seng has dropped seven points to 22,764. The Nikkei is down 50 points to 9,447. Japan"s stock market dropped as the Yen strenghtened. The Seoul Composite has declined 13 points to 1,606. However, the Taiwan Weighted has added 33 points to 7,720. The Shanghai Composite has moved up 17 points to 3,356.


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