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Feb 05 2013, 00:25 IST
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SummaryThe BSE Sensex erased early gains on Monday and fell for the third consecutive session — down 30 points at 19,751.19 — to a three-week low on profitbooking, amid some weak quarterly earnings and lower openings in the European markets.

Shankarlal Agarwal is also the MD of GEE, while Sanwarmal Agarwal is executive director of the company, a Sebi order said. The case relates to Sebi's probe into trading in shares of GEE between April 28 and August 31, 2009.

Goldman reiterates ‘buy’ on Crompton Greaves

Goldman Sachs has retained its ‘buy’ rating on Crompton Greaves and added the stock to its Asia-Pacific Conviction List. Goldman cited a favourable risk-reward ratio after the power equipment maker completed the restructuring of its Belgium plant in the quarter ended in December. The bank added that Crompton Greaves’ valuations are trading at a historical trough, calling it ‘unjustified’.

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