Tuesday, April 20, 2010

Market Report 20th April 2010

US markets end mixed
Will focus on acquisitions to fill value gap: HCL Tech
Thomson Reuters launches high-speed global network
TCS joins the IT party, posts 47% rise in net
Hero Honda posts its best quarterly result
Vicat buys majority stake in Bharathi Cements
Siemens to invest Rs 500 cr for wind turbine mfg facility in guj
DoT suggests putting BSNL divestment on backburner
ArcelorMittal eyes stake in Ferro Alloys Corp
JSW acquires control of South African coal mining company
No immediate impact seen on finances of M&M after buyout of Renault in JV
Onion exports up 2% despite higher MEP
RBI inflation in focus ahead of review
Unitech board may consider 1:1 demerger swap ratio: Sources
Competition, tariff war to dent Q4 results of telecom firms
Infosys negotiating with its clients to share currency risks


Market View:- Market is expected open flat and RBI's meeting eyed.