Thursday, November 26, 2009

Market Report for 26th Nov 2009

FIIs net buy Rs 520 crore in F&O on Wednesday
Asian markets open mixed
US markets end in the positive.Rises on jobless claims, new home sales.

Mahindra Satyam feels heat of Rs 1,220 crore extra burden
Indian IT firms eye continental Europe for growth
SEC probes derivatives in insider trading cases
Edible oil output may dip 7.4% in 2009-10
Aluminium demand may rise in 2010
Plans to introduce e-receipts for government taxes and fees
Big IT vies for share of $1-b bank, power deals
Govt considering to cancel NTPC's Rs 2,000-cr order
Airtel digital TV adds 1.5 million customers
Nordic region offers $10 billion opportunity for IT firms
Nalco offers cash incentive for ash disposal
Extended hours put on back-burner-Strong opposition from market participants has made stock exchanges put their plans to extend trading hours on the back-burner.

The National Stock Exchange (NSE), which was advocating extension of trade timings, now says the majority of market players are against the move and a consensus is needed for it to go through.

Oman Oil pays 50% premium to up stake in Bina Refinery
Infosys hits all-time high as Sensex rebounds
Sugar mills to pay Rs 190/qtl for cane
Oct refinery output up 7.2% YoY
SAT extends stay in Shankar Sharma case till Dec 11
Rupee at 1-wk high on weak dlr, stocks, flows