Tuesday, June 30, 2009

Market Report 30th June2009

Markets end in green, Sensex up by 21 points.
Oil leaps over $2 in trade frenzy, Brent leads.
Microsoft to sell Razorfish.
Nikkei climbs 2 per cent, oil boosts resource shares.
UBS to pay 3-5 bln Sfr to close US tax probe – paper.
ANALYSIS - New law may reshuffle U.S. credit card industry.
ombay HC sanctions RIL-RPL merger.
Religare Banking Fund declares maiden dividend.
L&T bags six orders worth Rs 1,230 cr. for electrical projects.
Syndicate Bank cuts BPLR by 50 bps.
FM may not do much in Budget '09: Morgan Stanley.
Economic recovery seen after Sept - PM adviser.
BHEL up on bagging order worth Rs 170cr.
IFCI to expand balance sheet by 20% every year.
Aurobindo sues S.Africa on AIDS drug tender.
Emaar's merged entity to have $3.65 bn in debt.
Suzlon posts Rs.4.69 billion loss.
Wind market to return to normalcy by FY11: Suzlon.
Vodafone mulls T-Mobile UK bid: Report.
Axis Bank touches 52-week high.
Yes Bank strikes 52-week high.
BEML touches 52-week high.

UCO Bank sees April-June net profit up 15-20 pct.
BHEL bags Rs 170-cr order from Chennai Petroleum Corp.
Cement firms seek excise cut, import duty.
Allahabad Bank cuts BPLR by 25bps.
FICCI pushes for Indo-US FTA excluding agriculture.
Rishabhdev Tecnocable targets Rs 210cr sales in FY11.
Rishabhdev Tech slips below issue price.
Jain Irrigation gets orders worth 1.58 bln rupees.
SpiceJet Q4 net loss at Rs 7.83 cr.
Pyramid Saimira board approves QIP; stk down.
Suzlon board approves to raise upto Rs 5000cr; stk slips 7%.
MTNL to launch 3G Service in Mumbai on July 15; stk up.
BSNL launches its wireless broadband service in Goa.
Biocon forms alliance with Mylan.
Shree Renuka to use QIP funds to expand refining capacity.
Edelweiss MF launches Gilt Funds.
Patel Engineering Q4 net up 25% at Rs63.22 cr.
Commexes' turnover soars 44% to Rs 12,87,708 crore.
Mahindra Holidays fixes issue price at Rs 300/share.
Mahindra Holidays aims to raise $57 mn IPO.
Poor nos due to lower sales, forex liability: Gujarat NRE.
MTN appoints new finance director, head of S.Africa.
SEZ developers want sales tax exemption on domestic sale.
HomeShop18 to add insurance and apparel to portfolio.
Jain Irrigation to supply mango pulp to Coca-Cola.
HDO bags order worth Rs 108 cr from HPCL-Mittal Energy.
CIL disinvestment process to start in six months: Jaiswal.
Fibre rollout in major cities near completion: Tulip Tele.
It's raining dividends at MFs.
United Spirits plans $200 mln share sale - sources.
Singapore Nifty is trading at 4,426.0 up by 37.0 points at 9.05 AM IST>