Hi All,
Finally i found the way how to connect my iPod Touch to my Wired Lan PC through Wi-Fi. The internet is now up and running smoothly on the Touch now.


Here is the step by step procedure for any members who are currently facing this issue.
1. Open
Network Connections, first right click your
wired lan based internet connection>
Properties>Advanced and select "
Allow other computers to connect through this computer's internet connection". Hit ok and close the window.
2. Again right click the
wireless network connection and select
properties. In
General tab>Select
Internet Protocol(TCP/IP) and input the following ip
192.168.137.1 and let the subnet mask be
255.255.255.0. Leave the DNS server address field blank. The
default gateway should not have any value.
Then click
Wireless Networks tab>Click
Advanced>select
Computer-to-Computer (ad hoc) networks only. Tick the box "
Automatically connect to non-preferred networks".
Hit Add a new connection>Give any name as per your wish>then select
Network Connection as - Open and
Data Encryption - Disabled.
Uncheck the field "
Connect even if this network is not broadcasting" and in the connection tab
select the field "
Connect when this network is in range". Hit Ok and close this tab. The adhoc connection part is done.
4. Click "
View available wireless network". Hi refresh and ur created network should appear here.
Select it and hit Connect. The connection will b established in due time. This completes the PC part of the connection.
5. Now goto
iPod>
Settings>
Wi-Fi>Switch it
ON. Ur created connection should appear here. Select it to connect to that network. It should connect easily.
Now the PC and iPod are in a Wi-Fi connection with no internet available. This is because the iPod keeps picking up different ip range from that which u have provided i.e
192.168.137.1 and
subnet mask "255.255.255.0". For this particular reason i was stuck for so many days.
So to get this resolved, hit the tiny
arrow near the selected Wi-Fi network that you have created. Go to the
Static tab and input these values in the fields:
IP Address: 192.168.137.19
Subnet Mask: 255.255.255.0
Router: 192.168.137.1
DNS: This is the value that your wired lan connection uses. Get it from ur pc and enter it here.
Go back to Wi-Fi networks. The connections will refresh again and then...

Whola u hav Internet on your touch. Open Safari and confirm the same.

This really was little issue that needed a lot of time to figure out but finally gt it resolved
Leave a thanks if I helped u in any way...If you have any further queries, leave a post n i will try my best to get it solved. :-P:-P
Thanks,
Anup