Monday, December 7, 2009

Market Report for 7th Dec 2009

Asian markets open in the positive
US recovery appears firmer as unemployment drops
FIIs net sellers Rs 786cr in F&O on Friday

Kuwait sells Citi stake for $4.1 bn
Airtel asks Trai to look into predatory pricing
IOC to up plant capacity by 25%
NTPC in gas-supply deal with GAIL, IOC, BPCL
ADAG eyes alternative locations for power plant if Dadri fails
GVK buys L&T’s 17% Bangalore airport stake
N-deal with Russia may provide firm fuel supply guarantees
IFRS to hit property companies the most
RIL’s bonus shares will start trading Monday
BSNL cancels Huawei tender
DGS to flag off India's first FDI in shipping industry
Cairn completes 100 days of Mangala production
Posco seeks more time for Orissa steel SEZ
Royal Palms cuts realty prices by 25%

Singapore Nifty is trading at 5,116.00 down by 14.00 points.