Thursday, September 10, 2009

Market Report 10th Sept 2009

Asian markets open strong; Hang Seng up 300pts
US stocks end higher; Mahindra Satyam up 4%

BSNL, MTNL say yet to decide on Zain deal
Reuters Summit - Suzlon sees 400-500 MW in new orders
No fresh equity, govt to shed 10% in CIL issue
ING Vysya Bank raises Rs 415 cr in QIP; plans expansion
Credit growth drops to 14.1 per cent
Wall Street ends up for 4th consecutive session
Anil’s power firm under scanner for hiking tariff
Foresight Opticals plans 25 new stores in 3 years
Coal ministry for market-linked prices
Ambuja Realty ties up with Swiss hospitality major for 5-star hotel
Pilots stir: Jet losing $6 million daily
Bharti, MTN to ink $24bn deal by month end: Sources
BPCL files suit for winding up of Kingfisher
Cement despatches up 17 % in August
Copper down on US consumer credit plunge
Today's View:- BUY BHARTI ABOVE 419.TGT 426 SL 414
SELL STERLITE BELOW 732 FOR A TARGET OF 720..SL 740


Singapore NIfty is trading at 4,867.0 up by 46.0 points.