The key benchmarks reinstated their composure after initial glitches and a great deal of jerkiness. Capital goods realty and consumer durables stocks were in demand while FMCG and oil & gas sectors were left behind though were trading on the higher side.

Swaraj Mazda presently trades at Rs 218 up by 12.10 points or 5.88% from its previous closing of Rs 205.90 on the BSE.

High interest rates regime and economic slowdown, coupled with the ripple effect of the US sub prime crisis eased the overheated realty sector to a certain extent, driving developers to adopt cost-cutting measures, such as deferment of projects, salary cuts and layoff of employees.

Indusind Bank presently trades at Rs 39 up by 2 points or 5.41% from its previous closing of Rs 37 on the BSE.

Jain Irrigation presently trades at Rs 358.95, up by 2.40 points or 0.67% from its previous closing of Rs 356.55 on the BSE. The stock opened in the green at Rs 365 and has touched a high of Rs 374 and a low of Rs 355. So far, 5,061shares were traded on the BSE.

Singapore Airlines (SIA) discusses with cargo pilots to take leave with no pay after the global economic slump disturbed freight demand, a spokesman said on Wednesday.

UCO Bank presently trades at Rs 28.90 up by 1.65 points or 6.06% from its previous closing of Rs 27.25 on the BSE.

A Mahindra Group arm, Mahindra Shubhlabh Services (MSSL), focuses on exporting 450 containers of grapes that are estimated at around 5,400 tonnes in this year’s season (November 2008 to March 2009).

The domestic market did not look good on the last trading day of the year. The indices made a stable opening due to good global cues but profit booking from the very beginning led them into the red. Though the breadth continued to be positive, banking stocks, along with the PSU sector, has pulled the market from its early gains.

Punjab Tractors presently trades at Rs 102.40, up by 9.30 points or 9.99% from its previous closing of Rs 93.10 on the BSE.