Tuesday, June 9, 2009

Market Report- 9th June 2009

Sensex slips the most in over 2 months
Heavy profit-booking by domestic institutional investors (DIIs) led to a sharp fall in the Bombay Stock Exchange’s (BSE’s) Sensitive Index, or Sensex, On Monday.
Wall St ends flat; Indian ADRs mostly down.
US Financial stocks gain nearly 1%.
Asian shares falter on worries rally overdone.
F&O cues: Futures Open Int down by Rs 1630 cr.
D-Street may be cleared of STT snarl.
RBI aims for transparency, may not allow sub-PLR loans.
Moody’s downgrades Tata Steel.
PSB may cut interest rates further to boost credit demand.
RCom bags Rs 125-cr order.
RCom, Alcatel-Lucent close to Rs 3,000-crore outsourcing deal
Rupee falls 1% to 47.56, bonds under pressure.
Huawei may bid for majority stake in ITI.
Rajasthan insists on VAT levy on Cairn's Barmer crude..
June to see a slew of new car launches.
Gujarat to get world's largest solar power project.
IATA puts Delhi, Mumbai airports on 'wall of shame'.
Pantaloon to raise Rs 1,000 crore from PEs.
May auto sales grow, but not evenly.
Maruti's US revenue zooms past Suzuki's.
SIngapore Nifty is trading at 4386 down by 34 points at 9.30 AM IST