Indian markets made a smart recovery post SBI Q4 results despite global downturn. Banking, FMCG and oil & gas stocks gained. At 2.01 pm, the Sensex was trading up 28.11 points or 0.17% at 16098.59 with 14 components gaining.

JW Speaker unveiled the latest addition to its line of LED headlamps. Dubbed the 8700 Evolution, this 7-inch round LED headlamp suits an even wider range of vehicles than the company's Model 8700.

Sudarshan Sukhani of s2analytics.com is bullish on VIP Industries and has recommended buy rating on the stock while he is bearish on Exide Industries.

Tulsian told CNBC-TV18, “I am quite positive on Exide Industries and I see that Rs 120, though it has corrected to about Rs 114-115, but I think Rs 120 looks a very good support in spite of the stock ruling virtually at the current rate.

By Goldennifty about 19 hours ago SENSEX TUMBLES 227 PTS IN OPENING TRADE DATE: 16/05/2012 Indian markets dropped in early trade on Wednesday erasing earlier gains.