Tuesday, July 21, 2009

Market Report 21st July 2009

BSE Sensex rises 3 pct; Reliance, TCS rally.Dish TV hikes set-top box price; Tata & Sun to follow.
US mkts end higher; S&P above 950 on better economic data.
Hong Kong co acquires 26% in Future Logistics.
Nikkei gains 1.4 pct, Japan election eyed.
Market cues: FIIs net buy $ 53.4 mn.
Goldman, ICE seek nod for stake sale in NCDEX – FMC.
Measures being taken to check anti-dumping activity: Govt.
Financial Tech sells 5% in MCX-SX to IFCI for Rs 250cr.
Deccan Chronicles looks at IPO for Deccan Chargers.
CBEC writes to Railways, Shipping on service tax exemption.
SBI examining options to increase provision on bad loans.
Cane output may fall 17 MT below demand by 2012.
Cheap imports hurt steel producers: Minister.
HDFC Bank cuts lending rate by 25 bps.
MindTree Q1 cons PAT up at Rs 56.7 cr
AAI to upgrade infra at 35 non-metro airports.


SINGAPORE NIFTY IS SEEN TRADING FLAT AT 4,498.0 DOEN BY 7.5 POINTS.