Friday, June 19, 2009

Market Report 19th June 2009

Sensex dips 257 pts on profit-booking
The 30-share index ended 257.31 points, or 1.7% lower, at 14,265.53, while the 50-share index Nifty closed 104.75 points, or 2.4% lower, at 4,251.40. Indices, which have fallen about 8% over the past one week, rose mid-way through the session on news of a decline in inflation, but investors cashed out on the upsides.
Asian markets open flat; Hang Seng up 68pts.
Dow gains 58pts; MTNL ADR tumbles 7%.
FIIs net sellers Rs 312cr in F&O on Thursday.
Coromandel Fert targets Rs 240cr rev from water soluble biz.
Tata's JLR to storm into small towns.
IRB bags first BOT project in Goa.
Entry load on MF investment to go.
Gujarat State Fertilizers Q4 net profit up at Rs 98.4 cr.
Hotline between PMs of India, China likely soon .
Higher buyback prices lift bonds.
Pfizer may revise open offer price as stock gains 33%.
VST Tillers drive up on bonus issue buzz.
Paddy plantation in UP delayed.
Copper falls for fifth day in London as dollar rebounds.
Finmin likely to withdraw CTT.
Govt raises onion MEP as local prices firm up.
Obama still concerned about oil speculation - W.House.
Cochin port to build Rs 32cr terminal for Lakshadweep.
Reliance Infrastructure looking at domestic banks to push projects.
UBS puts BPO, KPO units on the block.
Natural rubber in bear hug.
UTV Media to invest Rs 150 cr more in gaming.
'Retail in India may lose Rs 400 cr FDI this fiscal'.
Maytas Infra may lose metro rail project contract.
Tata Elxsi gains leeway with global OEMs.
Jaiprakash raises Rs 500 cr through treasury share sale.
Opto Circuits FY09 cons net profit up at Rs 209.4 cr.
No communication from govt on stake sale: Neyveli Lignite.
Dish TV adds 2.06 mn subscribers in FY09.
Dish TV Q4 net loss at Rs 78.7 cr.
Ramki Sundaram resigns from Kingfisher Airlines.
Infy files 'shelf registration' with US regulators.
TCS expands presence in Mexico; to hire 500 people.

BSNL targets 1.5 lakh more broadband connections.
Singapore Nifty is trading at 4295. up by 13 points at 9.20 AM IST.