Sensex ends down, Nifty below 8300; HUL soars 5%, ITC falls

03:30 pm Market close

After a wild swing, the market ended lower. The Sensex ended down 78.91 points at 27346.82 and the Nifty slipped 21.85 points at 8277.55. About 1262 shares have advanced, 1602 shares declined, and 342 shares were unchanged.

HUL was up 5 percent while, BHEL, Infosys, Bajaj Auto and Maruti were top gainers in the Sensex. Among the losers were Sesa Sterlite, Hindalco, Tata Steel and ITC.

03:10 pm Infosys Sikka's fund for India

Infosys CEO Vishal Sikka today met Prime Minister Narendra Modi and disclosed that his company will spend USD 250 million (over Rs 1,500 crore) to fund innovations in software and services in India. The chief of India's second largest IT services firm also discussed with Modi ways in which the company can participate in the Prime Minister's vision of smart and digitally empowered India. Infosys will develop software for managing the kumbh mela scheduled in Ujjain (Madhya Pradesh) in 2016, he told PTI in an interview.

Sikka, the first non-founder CEO of Infosys, said Modi has agreed to dedicate the company's Mysore campus as the first model smart city in the country in April this year. "Today, I had a meeting with the Prime Minister. We had a talk on smart cities, smart infrastructure, which is close to his heart. And the other big area is innovation. PM has a vision for innovation. As announced last week, we have a USD 500 million Innovation Fund," he said.

02:50pm Market Update

The market slipped again in late trade. The Sensex lost 158.86 points to 27266.87 and the Nifty fell 45.75 points to 8253.65. Metals extended losses; Sesa Sterlite tanked 7.5 percent and Hindalco Industries plunged 7 percent. Tata Steel shed nearly 4 percent and ITC lost 3.5 percent.

About 1143 shares have advanced, 1649 shares declined, and 325 shares are unchanged on the BSE.

02:30pm Tata Teleservices in focus

The Reserve Bank of India has allowed conglomerate Tata Sons Ltd to buy Japanese telecom firm NTT DoCoMo Inc's stake in their struggling Indian venture, paving the way for the completion of the long-delayed USD 1.1 billion deal.

In a memo to the finance ministry dated December 22 seen by Reuters, the Reserve Bank of India (RBI) said it was "inclined to accept" the proposal from Tata to buy DoCoMo's stake of around 26 percent in Tata Teleservices Ltd at half the price DoCoMo originally paid for the investment. The RBI has requested for the finance ministry's view.

The RBI approval, also confirmed by a source directly involved in the process, is part of the government's bid to simplify and scrap some of the more obscure rules that have curbed foreign investment.

A rule change brought in last year prevented foreign investors from selling stakes in Indian firms at a pre-determined price.

"The larger issue here is of a fair commitment in the contracts in relation to an investment and a downside protection of an investment, rather than assured return," the central bank said in the memo.

"Besides, our strategic relationship with Japan in recent times in relation to FDI (foreign direct investment) flows is also a matter to be kept in view," it said.

DoCoMo said in July last year that it would sell its stake in Tata Teleservices. The seventh-biggest mobile phone carrier in India has been losing money in a hugely crowded market for years.

02:00pm Market Check

Equity benchmarks recouped losses. The Sensex fell 34.83 points to 27390.90 and the Nifty declined 18.95 points to 8280.45. About 1165 shares have advanced, 1542 shares declined, and 348 shares are unchanged on the BSE.

Shares of Infosys, HUL, ONGC and BHEL topped the buying list on Sensex, up 1-3 percent. Bajaj Auto gained 1.5 percent ahead of third quarter earnings, which is scheduled to be announced on Thursday. The two-wheeler maker's third quarter profit is expected to fall 6 percent Y-o-Y to Rs 850 crore for the quarter ended December 2014, according poll. Profit in the year-ago quarter was Rs 904 crore.

However, Hindalco Industries and Sesa Sterlite tanked 6 percent each followed by Tata Steel and ITC with 3 percent loss. Reliance Industries, ICICI Bank, Sun Pharma and Wipro fell over 1 percent. 

Sensex trading flat; investors turn cautious on continuing slide in crude oil prices

Mumbai, Jan 13: 

Indian equity markets were trading near flat as Asian stocks were mostly on the defensive as the continuing slide in crude oil prices turned investors cautious towards risk assets.

At 11.48 a.m., the 30-share BSE index Sensex was trading down by 33.17 points or 0.12 per cent at 27,552.10 and the 50-share NSE index Nifty was trading up by 8.8 points or 0.11 per cent at 8,331.80.

Sectoral indices

Among BSE sectoral indices, realty index fell the most by 1.04 per cent, followed by oil & gas 0.85 per cent, IT 0.3 per cent and TECk 0.15 per cent, while consumer durables index was up 0.99 per cent, followed by FMCG 0.77 per cent, healthcare 0.69 per cent and auto 0.39 per cent.

 Mid and small-cap cement stocks are up- Prism cement up 10%, Heidelberg Cement up 8%, JK Lakshmi Cement up 3%

    — Rajalakshmi Nirmal (@crajalakshmic) January 13, 2015

Gainers, losers

Major Sensex gainers were BHEL 1.92%, Cipla 1.45%, Hindalco 1.29%, Wipro 1.11% and SSLT 1.09%, while the top five losers were ONGC 2.2%, Infosys 1.22%, HUL 1.09%, GAIL 0.98% and Reliance 0.65%.

    After yesterday's shivers about divestment, Coal India opens flat/slightly up today. Company's new head keen on modernization

    — Meera Siva (@siva_meera) January 13, 2015

Early trade

The equity markets opened in the green on Tuesday morning, with the Sensex trading up by 37 points at 27,622 and the Nifty at 8,341, up 18 points. The broader markets looked up minutes after trading opened as well.

'No definite proposal' for mega merger (Hindustan Zinc, Cairn, Sesa) notes company's response to the exchange; HZ stock flat-up slightly

    — Meera Siva (@siva_meera) January 13, 2015

Analyst Prashanth Tapse said: "Indian markets are likely to open on a constructive note taking cues from global sentiments. Markets would also react to CPI and IIP data which came post market hours on Monday. The Index of Industrial Production (IIP) for the month of November was reported at 3.8 per cent versus (-) 4.2% in October. The Consumer Price Index (CPI) inflation for the month of December rose to 5 per cent, driven by higher food costs.''

 Oberoi Realty announced the launch of 2 developments, Eternia and Enigma, at Mulund Stock up 1.7% today #realty

    — Meera Siva (@siva_meera) January 13, 2015

Global market: Overnight, US stocks ended lower led by another sharp decline in energy shares as oil prices tumbled about 5 per cent and concern grew ahead of corporate earnings season."

Asian stocks were mostly on the defensive on Tuesday as the continuing slide in crude oil prices turned investors cautious towards risk assets, with the dollar touching a one-month low against the safe-haven yen in choppy trading.

South Korea's KOSPI dipped 0.1 per cent and Australian shares fell 0.3 per cent. Tokyo's Nikkei led losses in the region, declining 1.4 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan see-sawed in and out of the red and was last up 0.1 per cent.

The volatile Shanghai Composite Index was up 0.1 per cent, trimming the bulk of its earlier gains.

Cristiano Ronaldo wins FIFA Ballon d'Or award

Cristiano Ronaldo won the FIFA Player of the Year award for the second straight year on Monday and third time overall.

The Portuguese forward, who led Real Madrid to its record 10th European title, received 37.66 percent of votes of national team coaches and captains and selected media to add to the FIFA awards he won in 2008 and 2013.

Ronaldo scored 61 goals last year for club and country, and set a Champions League season record with 17.

"I want to become one of the greatest players of all time," he said through a translator in his acceptance speech. "Of course, this requires a lot of effort and I hope to get there."

Lionel Messi, the Argentine star forward on Barcelona, was second in voting with 15.76 percent, just ahead of goalkeeper Manuel Neuer (15.72), who helped Germany to the World Cup title.

On hearing his name read out by French great Thierry Henry, the 29-year-old Ronaldo closed his eyes, dipped his head and smiled before walking to the stage.

"It has been an unforgettable year," Ronaldo said after taking a deep breath.

Messi won the award four straight times from 2009-12. While Messi's Argentina lost in the World Cup final, Ronaldo's Portugal was eliminated in the first round.

U.S. captain Clint Dempsey voted Ronaldo first, followed by Messi and German midfielder Thomas Mueller. American coach Jurgen Klinsmann — a former star and coach for Germany — had Neuer first, followed by Messi and Dutch forward Arjen Robben. Paul Kennedy of Soccer America, the U.S. media representative, voted Ronaldo first, followed by Messi and German defender-midfielder Philipp Lahm.

The FIFA men's award merged in 2010 with France Football's Golden Ball, given to the European player of the year.

German midfielder Nadine Kessler won the Women's Player of the Year for the first time, getting 17.52 percent to beat out Brazilian forward Marta (14.16) and American forward Abby Wambach (13.33). Marta was a five-time winner from 2006-10 and Wambach won in 2012.

U.S. coach Jill Ellis voted Kessler first and Wambach second, whole American captain Christine Rampone had Wambach first and didn't include Kessler among her top three. The U.S. did not have a media vote.

Joachim Loew was voted men's Coach of the Year after leading Germany to the World Cup title, and Wolfsburg's Ralf Kellermann was picked as women's Coach of the Year.

"It's the icing on the cake," Loew said through a translator. "What would a coach be without a fantastic team? I am nothing without well-trained players."

Loew received 36.23 percent of votes, including the top picks of Klinsmann and Dempsey, followed by Real Madrid's Carlo Ancelotti (22.06) and Atletico Madrid's Diego Simeone (19.02).

Kellermann got 17.06 percent, topping Germany under-20 coach Maren Meinert (13.16), Japan's Norio Sasaki (13.06) and Sweden's Pia Sundhage (11.22), a former U.S. coach.

On the FIFPro-FIFA world all-star team, Ronaldo, Messi, Neuer, Lahm and Robben were joined by defenders David Luiz, Thiago Silva and Sergio Ramos, and midfielders Angel Di Maria, Andres Iniesta and Toni Kroos.

Luiz, Kroos, Di Maria and Robben were picked for the first time in voting by 23,383 players in 58 nations.

FIFA President Sepp Blatter made no mention of his upcoming presidential contest in his first public appearance since FIFA Vice President Prince Ali bin Al Hussein of Jordan announced last week he was running for the May ballot.

Blatter gave his annual presidential award to 90-year-old Japanese journalist Hiroshi Kagawa, who worked at his 10th World Cup in Brazil.

FIFA named volunteer workers at its tournaments as the winner of its Fair Play award. In their acceptance speeches, Kessler and Kellerman both paid tribute to Wolfsburg player Junior Malanda, who died in a car crash last weekend.

Casino busted in Gurgaon, 43 arrested

The Gurgaon police on Saturday night busted a casino in Gurgaon that had been operating illegally from a house in residential block L in DLF City Phase 2.

The police arrested 43 people including five women and seized more than Rs. 20 lakh in cash. The arrested people are businessman from Delhi and Gurgaon.

ACP (DLF) Ramesh Pal said, “We acted on a tip-off. The casino was operating in a rented accommodation for the last one month. It was designed by a professional from Nepal.”

The organiser had hired five women from Kathmandu, Nepal, who were already working in a casino.

The entry charges of the casino were Rs. 1lakh and more than 100 persons visited everyday, according to the police.

The neighbours were probably aware of some suspicious activity, but no one complained as they were not certain, the police said.

3 Steps to a Grand Ol’Time at Work

1. Find out what specific jobs are a good fit for you, and which specific work settings offer such jobs.

You probably have some ideas already about what you want to be doing, what you’re good at, what you liked and didn’t like about previous jobs, and what you like or don’t like in the cultures of those organizations.

But these ideas need to be supported with evidence. That is the purpose of a career assessment—to provide you with proof and clarity about what really works for you. Proof builds the confidence that you need to take actions that will move you from where you are now into that better fit through efficient and effective job change.

2. The faster and cheaper you validate this career hypothesis, the sooner you will find the right fit and start earning more with it. You can validate through first-hand experience by trying something (including bite-sized projects), or second-hand by visiting people already working in similar jobs and asking them specific questions that will help you evaluate a fit for yourself:

• How did you get into your field? Is that still a good way?
• What are the major responsibilities of your position?
• What is a typical workday or week like for you?
• What do you like and dislike about your position?
• What are the critical skills and personal characteristics needed in this kind of work?
• What are some of the major problems or issues that someone in your position faces?
• What are the prospects for someone entering your field today?
• What are the career paths of this profession? With experience in this field where can a person move?

If you get into a discussion about your background, you can ask:-

• Given my background, what do you think I need to do to become competitive for a job in this field?
• Can you suggest anyone else I might talk to?

3. Focus on a target or goal and use proven, effective actions to reach it. Your work is a sizeable chunk of your human experience—you are likely to spend 80,000+ hours in jobs, so finding and securing work should be a “grand” adventure.

I use the word “grand” in every sense of the word. Your work should tap into your highest aspirations and deepest values with a rank and appearance that announces who you are to the world and what you will do for it.

But we shouldn’t take it so seriously that we lose sight of living…when we say we had a grand day, we are using the world informally to indicate we had an enjoyable day…so we should also have a grand ol’time with the work we do.

And, like a grand piano, or a couple grand in your pocket, our work should have weight, or gravitas, something that adds value to us personally and to those around us…our work should enrich the world!

About Author:
George Dutch is a certified Job Change Expert For 20 years, I`ve helped over 3000 people just like you who felt lost or confused or trappeda and wanted a better job fit! Are you ready to change your job or career? And start working naturally and effortlessly so that you get ENERGIZED by your job instead of drained, dumped out, dumped on, or dead-ended? For more information please Visit www.jobjoy.com