Thursday, June 4, 2009

Market report-June 4th 2009.

Sensex breaches 15K-level, ends flat
The Nifty closed above the 4,500 level once again today due to buying in index lightweights such as Hindustan Unilever, Hindalco, ITC, Reliance Communications, Suzlon and Unitech. The Nifty June futures continued to trade at a premium and shed open interest of 493,000 shares at close compared with the intra-day build-up of 2.89 million shares.

Oil drops 3 percent on US inventory rise..
Oil price drags US markets down; Satyam zooms 23%

U.S. dollar 'seriously overvalued' - study
Re hits 7-month high intra-day, ends flat.Re trades near 7-month high on capital inflows.
Nikkei slips 0.6 pct as economic optimism tempered.
Yahoo! doesn't need Microsoft deal: CEO
Loan recast to give banks a temporary breather in FY10.
Retail investors take MF route to join mid-cap rally
Suzlon to raise Rs 600 cr to fund REpower buy from Martifer.
Religare rights issue price may be raised to Rs 400.
UTV New Media forays into audio cinema.
WiMAX Forum asks BSNL to avoid franchisees.
GVK Power to raise Rs 2,500 cr via QIP route.
Natural rubber exports decline 88%.
Soymeal exports likely to fall 80% in May.
RIL's German subsidiary files for insolvency.
US court clears S Kumars' bid for Obama's tailor.
Grupo Mexico offers $2.9 billion to regain control of Asarco.
Godfrey Phillips to launch sugar boiled candy.
LIC Housing Fin to issue 10 mn shares.
Kinfra proposes solar energy park in Palakkad.
ICICI Lombard to launch new health and motor policies.
Capital flows may double in FY10, says Morgan Stanley.
Singapore Nifty is trading at 4495 down by 35 points at 9.20 AM IST.