Tuesday, August 25, 2009

Market Report August 25th 2009

US mkts end flat after 4-day of rally.
Nikkei falls 0.6 pc after rally; exporters slip

Market cues: FIIs net buy $ 112 mn.
Indian ADRs: Tata Motors gains 7.3%, Patni up 5%.
India plans gas-based power plant in Iran.
Indiabulls' REIT files for Singapore $200mn rights issue.
RIL hits back,says KG cost among world's lowest.
Wockhardt sells 10 hospitals to Fortis.
LIC arm to finalise realty venture fund partner this month.
$2-bn World Bank fund for public sector banks soon.
Reliance Money may up stake in NMCE by 5%.
Coal-fired power plants get loan for upgrade.
Freeze 2G spectrum, first conclude 3G auction: FinMin.
A first: BSE launches IPO index.


Singapore Nifty is trading at 4,610.0 down by 26.0 points..