Friday, December 4, 2009

Market report for 4th Dec 2009

Asian markets open flat
US markets drop; Patni bucks trend

Maruti's new small car to debut at Auto Expo next month
SEBI tightens client-broker norms
Gold ends off record top on investment fund buying
UK bank bailout cost hits $1.4 trillion: Watchdog
Mukesh turns to Team Tesco to revitalise Reliance Retail
Godrej Properties to launch IPO on December 9'
Jindal Power IPO likely by Jan 2010: Naveen Jindal
Telenor starts services, calls at 29p/minute
India vows 20-25% carbon intensity cuts
Bharti-Walmart earmarks $105 mn for cash-and-carry
Turner to buy NDTV Imagine
Essar Steel approaches govt to denotify steel SEZ at Hazira
Food inflation jumps 17.5%, onions, rice turn dearer
OBC retains loan growth target of 22%



Singapore Nifty is Trading at 5,100.0 down by 22.0 points.



VIEW:- SELL NIFTY BELOW 5090 TGT 5056.