The key benchmark indices entered the negative zone after a positive start on profit booking in blue chips. Oil & gas, PSU, power and healthcare sectors were on the lower side while realty, auto and consumer durables held out. On the global front, markets in Asia were firm in today’s trade as energy stocks gained on higher crude prices.

Idea Cellular presently trades at Rs 51.20, up by 1.35 points or 2.71% from its previous closing of Rs 49.85 on the BSE.

Reliance Communications presently trades at Rs 217.60, up by 4.75 points or 2.23% from its previous closing of Rs 212.85 on the BSE. The stock opened at Rs 214, and touched a high of Rs 221 with a low of Rs 214. So far, 1,209,137 shares were traded on the BSE.

Tata Motors presently trades at Rs 153.65 up by 4.85 points or 3.26% from its previous closing of Rs 148.80 on the BSE.

Idea Cellular has officially commenced its telecom services in Karnataka after attaining Spice Communications.

Anil Ambani managed Reliance Communications (RCOM) has raised a fresh line of credit to the tune of $1.5 billion from leading international export development banks at less than prevailing commercial rate of interest in a move to fund the rollout of national GSM services in the country making it the largest debt mobilization by an Indian telecom company in the past two years.

National Thermal Power Corporation presently trades at Rs 176.65 down by 0.55 points or 0.31% from its previous closing of Rs 177.20 on the BSE.

Rolta presently trades at Rs 116.20, up by 5.20 points or 4.68% from its previous closing of Rs 111 on the BSE.

Satyam Computer Services has begun good despite the resignation of three directors yesterday. The stock traded at Rs 153.65 up by 5.40 points or 3.64% from its earlier closing of Rs 148.25 on the BSE.

Tata Motors has declared a three-day ‘block closure’ of its Pimpri-Chinchwad plant, which will be operational from Monday, December 29, 2008.