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.

C and C Constructions is an Infrastructure project development company that provides EPC services for Infrastructure projects. The companys expertise lies in transportation engineering projects including Roads and Bridges. Besides, the company has diversified into other segments including Water, Sanitation, Airport projects, Telecom Infrastructure and Transmission Towers

Indian markets continued the rally of the previous week and completed the ninth straight week of gain. Trading remained volatile throughout the week. After a four-day long weekend the market on the very first day of the week witnessed a sharp gap-up opening and rallied more than 5 on that same day.

To cap forex losses Biocon has changed its forex hedging policy to insured options from fixed price forward contracts. According to its new policy 25 percent of Biocons FY10 export revenues are hedged using a collar option structure which will enable Biocon to gain from the depreciation in the rupee until USD INR rate of 55

The market maintained its strength in the previous week also. Both indices showed a somewhat mixed trend on a closing basis for the week. On one hand while, the Nifty ended the week with a marginal loss, the Sensex continued to rally and completed its eighth week of gain in a row