Market Report 28th july 2009

NSE to discontinue CNX Nifty Jr, CNX 100 and CNX Defty derivatives
Wall Street gains on housing data.
Nikkei dips after 9 days of gains, banks up.

Subsidy on home loans up to Rs 10 lakh.Govt to provide 1% home loan subsidy.
Yields jump ahead of RBI policy review.
FIIs bet big on real estate stocks.
M&M Financial Q1 PAT at Rs 43.1 cr.
Adani Power IPO to hit market today.
Gail to spend Rs 8,000 crore on pipeline expansion.
NTPC Q1 net up 27%.
Ashok Leyland net profit dips 84%.
Tata Motors posts 57% rise in Q1.
Tata Motors' full year capex at Rs 2500 crore.
Balmer Lawrie PAT up 20%.
Water purification industry guns for higher standards.
Kotak Mahindra Bank Q1 PAT seen up 51.73% to Rs 227.37 cr.
NSE rupee-euro futures to kick off from next year.
NHPC likely to file IPO price band with RoC today.
Mahindra Finance net rises 52%.
BoB posts 85% rise in bottom line for Q1.
GSK posts 17% rise in June quarter profit.
Lower fuel prices help SpiceJet log Rs26 cr profit in first quarter.
SIngapore Nifty is trading at 4,585.0 up by 8.5 points.