Business

The Sensex advanced 241.31 points or 1 percent to close at 24363.05 and the Nifty rose 60.55 points or 0.84 percent to 7263.55 while the broader markets beat benchmarks.

Dr Manmohan Singh has also come in for praise from senior BJP leader Arun Jaitley for his personal integrity.

Meanwhile, brokerages are also taking steps to protect investors' interests from market volatility.

Bhave became SEBI Chairman in February 2008 and his three-year term ended in February 2011.

Presently, Euro-IV or Bharat Stage-IV petrol and diesel are being supplied in 26 cities.

The airline is a three-way joint venture between AirAsia, Tata Sons Ltd. and Arun Bhatia of Telestra Tradeplace Pvt. Ltd.

Tata was presented the GBE by British High Commissioner to India Sir James Bevan on behalf of Queen Elizabeth II.

This is the fifth time this year that a fare war has been initiated, particularly by the no-frill carrier.

Some agencies have projected economic growth rate of 5.5 per cent for the current fiscal.

Struggling with a ballooning trade deficit, India last year imposed a record duty of 10 per cent on overseas purchases of gold.

Bharti Infratel, just under 80 per cent owned by Bharti Airtel Ltd, said consolidated net profit rose to Rs 472 crore for its fourth quarter ended March.

The rupee ended at Rs 60.77 compared with previous close of Rs 60.59 per dollar.

At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed lower at 60.30 a dollar from the previous close of 60.23.

The rupee had lost three paise to close at 60.11 against the dollar on Monday.

About 1640 shares advanced, 1119 shares declined, and 143 shares were unchanged.

Rupee is expected to trade in a range of 59.90-60.30/dollar