Educomp Solutions has approached the Economic Offences Wing of Delhi Police and the Cyber Cell to apprise them about malicious rumors by some elements to hamper its stock value.

The Managing Director and CEO of Educomp Solutions, Shantanu Prakash has expressed concerns over the conspiracy to malign the image of Indian corporate sector in general and the company in particular. It should be recalled that several news came out from different sources revealing that the accounts of company have been fudged.

Mumbai, Jan 22 : The Bombay Stock Exchange benchmark sensex finally showed some good results after two days on Thursday by gaining 34.67 points at 8,813.84.

The National Stock Exchange index Nifty also improved by 7.65 points at 2713.80.

Though the 35 points gain is minimal, the investors felt encouraged by Bharti Airtel's announcement of handsome results for the third quarter which came as a gain of 6.19 percent to Rs. 619.70.

The announcement has also increased expectations from Reliance Industries Limited (RIL), which is expected to announce its results later on Friday.

Tokyo  - Tokyo stocks recovered from early losses Thursday to end the day higher as market sentiment was buoyed by a Bank of Japan plan to help corporate financing.

The benchmark Nikkei 225 Stock Average rose 150.1 points, or 1.9 per cent, to close at 8,051.74.

The broader Topix index of all first section issues was also up 8.76 points, or 1.11 per cent, to 795.91.

With the mood turning watchful, many frontline stocks have drifted lower after making a bright start.

At 11:40 a.m., the Sensex was up by 42 points at 8821, while the Nifty gained 11.35 points at 2717.50.

Realty, pharmaceutical, consumer durables and metal stocks lost their earlier gains and turned weak. Various from PSU, FMCG, auto and power stocks too have declined on account of selling pressure.

Tokyo  - Stocks ended Thursday morning trading in Tokyo lower as investors sold export-oriented issues on the yen's advance against other major currencies.

The Nikkei 225 Stock Average dipped 12.03 points, or 0.15 per cent, to 7,889.61.

The broader Topix index of all first section issues was also down 0.95 points, or 0.12 per cent, to 786.2.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 89.04-09 yen, down from Wednesday's 5 pm quote of 89.89-92 yen.

The stock market continued its run in the negative zone on account of selling pressure witnessed in blue chip stocks.

The BSE Sensex has slipped a bit deeper into the red zone this afternoon.

Banking, metal and realty stocks were the worst smacked ones among the Bombay Stock Exchange (BSE). These counters lost more than 2% each. But, FMCG sector went up.

Midcap and small cap stocks have also hit badly. BSE Midcap and Smallcap indices down 0.82% and 0.71% respectively.