Wednesday, August 12, 2009

Market Report 12th august 2009.

U.S. EIA cuts world 2009 oil demand forecast
OVL eyes Russian partner to bid for Argentina's YPF
PTC Fin may raise Rs 1.5k cr through IPO by FY11-end.
Wipro close to Rs 1,500-crore IT deal with Etisalat.
Eight-month high yields lure buyers.
Microsoft plans Office tie-up with Nokia.
MAGFIL may raise Rs 3,250 cr.
July exports dip 26.2%.
HCC targets Rs 100000cr revenue in 10 years.
Tatas no longer need UK govt's help for JLR.
Dry run prompts FM to revise growth projection to 6% plus.
Retail food prices up 32% in June-July.
DLF to raise Rs 700 cr for Metro project.
Ashok Leyland in pact with Belgian company.
Sales, profits in steel sector decline in Q1.
Tata Steel cuts long product prices.
Apollo Tyres plans capex of Rs 900 cr.
SUUTI won't participate in Axis Bank pref issue.
Gujarat NRE to commission its NSW mine soon.
Fresh Naxal threat to Nalco mines complex.
Indian ADRs: Tata Comm slips 5.5%, Satyam down 3.8%.
US markets slip; Nasdaq, Dow drop 1%.
FIIs net buyers Rs 688cr in F&O on Tuesday.
Asia trading lower; Shanghai Composite down 1.5%.
Singapore Nifty is trading at 4,400.5 down by 67.5 points.