Sharad Sharma, Co-founder, iSpirt says Indian software products industry is producing one Biocon sized company every year!

After falling 5.3 per cent to touch the day's low of Rs 2,015 on the BSE in intra-day trade, the IT firm's stock finally ended at Rs 2,040.95, down 3.84 per cent at the BSE.

The year saw the index rise to an all-time high as foreign investors pumped in $20.1 billion into equities. The Sensex had climbed to a record high of 21,483.74 on December 9 after the BJP's wins in three state elections.

Software major Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years, while Reliance Industries and RCom top the list of companies where investors lost the most in terms of market capitalisation, says a study.

The BSE Sensex closed below the 19,000-mark after five weeks, plunging 450 points on massive all-round selling as the rupee hit record low of 61.80 against the US dollar.

Rising for the fifth straight day, the BSE benchmark Sensex on Tuesday closed at over 30-month highs gaining 143 points on earnings-related buying in consumer durables, FMCG and banking shares, amid firm global cues.

Tracking strong global cues, the BSE benchmark Sensex on Thursday shot up by a whopping 382 points to close at near six-week highs led by a rally in bluechips, buoyed by US Federal Reserve Chief Ben Bernanke's comments on continuing monetary stimulus.

RIL and TCS emerged as the big winners as the combined market capitalisation (m-cap) of top-10 Sensex companies surged by a staggering Rs 83,488 crore last week.

Social networking giant Facebook Inc is all set to replace Indian software major Infosys to become a part of the Nasdaq 100 index from December 12.

Shrugging off negative sentiments, the Sensex on Thursday rallied nearly 174 points to close at 18,804.75 on all-round buying amid hopes of better-than- expected September quarter earnings from Infosys and HDFC Bank, and growth in industrial production data on Friday.

Larsen & Toubro, Hindustan Unilever and Infosys are among five Indian firms that are ranked on Forbes' list of 'The World's Most Innovative Companies' topped by four US companies.

Oil and Natural Gas Corp has discovered a new pool of reserves in the D-1 field of the western offshore basin. The find may make D-1 the basin's third-largest field, after Mumbai High and Heera fields.

ICICI Bank topples Bharti Airtel to become the country's 10th most valued firm in terms of market capitalisation, pushing the telecom major out of the top-10 list following a sharp fall in its share price.

After rising 125 points, the Sensex erased gains to close marginally down today on emergence of hectic profit booking in the last hour of trade triggered by growth concerns amid poor earnings from telecom major Bharti Airtel.

R. Venkataraman, Managing Director, IIFL, talks about how current market levels and the economy impact FII investments and what foreign investors are looking for.

ONGC commanded a market value of over Rs 2,42,890 crore - the highest for any listed company in India. This is about Rs 1,105 crore more than Tata Group's software services firm TCS.

Making money from equities is never easy. It's more difficult if the market is directionless, as it has been for the last few months. One way to handle such a situation without taking too much risk is investing in companies with good cash reserves.

Spotting the next Infosys is difficult, but here are some leads on sectors and companies that could sparkle in the near future. Special: How to get rich

Tech Mahindra could never transition itself into becoming a full service IT firm like Infosys or Wipro. Satyam could however change the game for Tech Mahindra.

The combined market capitalisation (m-cap) of five of the top-10 Sensex companies slipped by Rs 24,310 crore last week.