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After last weeks fall, the Indian equity market managed to close the week ended June 26, 2009 with a gain of almost 1.5%. It remained choppy and saw range bound movement almost throughout the previous week to finally give a positive break out in Fridays trade

The Indian market after the 14th straight week of gain has closed the week ended June 19 2009 with a loss of almost 6% on week on week basis. The benchmark indices closed in the red in three out of five trading sessions. On a week-on-week basis, the BSE Sensex closed 716 points lower to close at 14521.89

Mercator Lines Ltd was incorporated on 24th November, 1983 as a private limited company. It was converted into a public limited company on 3rd April, 1984. The company is an established player in the marine transportation industry. It has done pioneering work by operating vessels in some unchartered rivers like the Tapti and has thus opened new navigational routes

Indian markets completed their 13th straight week of gains last week on the back of strong market sentiment and positive global cues. Major economic data released during the week for US, Japan, China, Germany and UK indicated towards a gradual recovery which helped the markets across the globe.