fund debt dealers said the term begins on march 15 at 1230 pm gg automotive gears was trading flat at rs 999 on selling pressure at higher levels the stock touched an intraday high of rs 1098 earlier today after the company announced that it has received export order of railway gears pinions from african country through rites expotechthe current trial export order is worth rs 30 lakh and on approval of quality by the customer the company is likely to get a fresh export order of rs 3 crore at 1225 pm tata power was trading marginally higher at rs 40225 after the company informed bse that it has vide postal ballot obtained the approval by ordinary resolution with requisite majority for transferring the undertaking which comprises the broadband business of the company on a going concern basis to tata power broadband company private limited at 1203 pm indias first liquefied natural gas importing firm petronet lng ltds initial public offering of 260 million equity shares has been oversubscribed 42 times at 1150 am markets will remain closed between 1145 am to 1225 pm due to sun outage the trading will finally close at 415 pm at 1145 am bharti televentures was trading higher by 270 at rs 15810 the stock advanced as buying continued on the counter after a steady opening at 1140 am oil stocks were trading firm with bharat petroleum corp ltd up 14 per cent to rs 49605 and oil and natural gas corp whose record government share sale closes on saturday gained 15 per cent to rs 84980 at 1135 am state bank of india shed 16 per cent to rs 62410 and icici bank lost more than three per cent to rs 293 at 1130 am fmcg heavyweight hindustan lever was trading with a loss of 298 at rs 14980 on selling pressure following reports that the company is expected to slash prices of its detergent brands rin shakti rin supreme and wheel at 1125 am private sector banking major hdfc bank was trading marginally higher on buying support amid reports that the bank is is stepping up its overseas foray the bank is working out plans for opening up representative offices or arrangements with local banks in singapore kenya and south africa it is also examining the setting up of an offshore banking unit over the next few months at 1120 am apollo tyres was trading marginally lower at rs 25240 ahead of the board meeting scheduled for today march 10 2004 for consideration of preferential allotment to compagnie financiere michelin in terms of shareholders resolution passed at the egm held on december 15 2003 and induction of 2 michelin nominees on the companys board at 1115 am quintegra solutions has informed bse that a meeting