INDIAN MARKETS ROUNDUP
Sensex slipped into red after surging as much as 253 points in trade on Friday to reclaim its crucial psychological level of 29000.

Insurance stocks pared gains after rallying up to 7%. Max India had surged as much as 6.7%, followed by Bajaj Finserv which rose up to 6.4 per cent in trade, after Rajya Sabha members approved the insurance bill to allow 49 percent FDI in insurance sector.

LOCAL MARKETS PREVIOUS CLOSE
• Shares of India's Inox Leisure gain as much as 2.6 pct.
• Norges Bank buys 1.1 mln shares in Inox.
• BSE index gains 0.38 percent.
• NSE index rises 0.29 percent.
• India's three-day cash rate at 7.65/7.70 percent.
• Bharat Forge gains 1.03 pct, hits a record high.
• Motherson Sumi Systems Ltd rises 1.8 pct.

Max India, Bajaj Finserv, Exide Industries, Reliance Capital: In a major relief to the NDA government, the Congress extended its support to pass the long- pending Insurance Laws (Amendment) Bill, 2015 in the Rajya Sabha on Thursday even as a number of Opposition parties staged a walkout.

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