Rate follows GBP higher; scores highs overnight Europe but fails into early New York. Recovers late in the day suggesting short-term players on the short side covering back.

Rally less volatile and the rate holds tech resistance at 1.3325/30 area overnight. Rally all day today suggests a short-squeeze is in the works; fall back argues the squeeze is over. Stops around 1.3030 area likely under the market. More likely in-range but probably cleared on the pullback from highs.

The Sensex continued to trade in the positive terrain on account of continued buying action witnessed across frontline stocks.

Auto, banking, FMCG, oil & gas stocks were the major gainers, while consumer durables went down. BSE Midcap and Smallcap index gained 0.48% and 0.68% respectively.

Indian stock market belled the day positively at 9,077.65 after gaining 73.57 points as against its last closure on Tuesday.

Ace Bollywood actor Hrithik Roshan has hurt his arm while shooting a stunt scene for his upcoming flick ‘Kites.’

The incident occurred at the Filmistan Studio in Mumbai on Tuesday.

The actor was taken to the Kokilaben Dhirubhai Ambani Hospital and Medical Research Centre in suburban Andheri, for first aid by the concerned crew, and later discharged.

According to reports, the actor was doing a stunt shot in the suburbs where he was supposed to break a glass with a rod, and a piece of glass flew and pierced his wrist.

It is already known that Ranbir Kapoor and Deepika Padukone are facing ups and downs in their love life for quite sometime.
 
Both are struggling to keep up their romance intact, and moreover their parents are also doubtful about their future.

Ranbir’s mom Neetu Singh, who already dreamt Deepika as her daughter-in-law, is not doing any good to their relationship either with her remarks.

She now looks unconfident about Deepika.

SiiTech has made announcement that International S-57 Hydrographic Data Electronic Navigation Charts are now available for all users of Web VTS (web based VTS).

SiiTech is a top provider of modern products and solutions allowing organizations to integrate AIS and ARPA surveillance technology, nautical charts, road maps, and Web technology.

With support of S-57 chats, Web VTS has turned a true vessel traffic system, which is really affordable for maritime users.

Amanda has launched her Music Video ‘Forever Young’ as her entry into the film and TV world.

The launching ceremony was attended by producers, directors, writers and casting agents.

Amanda showed her talent that not only could she sing, dance and entertain, she could also perform on camera and in front of a live audience.  

Next up is the release of her CD Hitch A Ride, which is a collection of six melodious songs (including Forever Young) and is planned to be released on ITUNES February 18, 2009.