Wednesday, September 23, 2009

Market Report 23rd sept 2009

Wall Street resumes rise recovery optimism
Asia trading lower; Shanghai Composite, Hang Seng down
Axis Bank raises rate-war pitch with car loans at 9%
Banks told to disclose loan reference rate to customers
JP Associates to raise $150-200 m via treasury block sale
Re at six-week high as stocks attract investors
Federal Bank starts due diligence to acquire CSB
Dewan Housing Finance raises Rs 250 cr debt
GSK drug-deal talk lifts DRL scrip
Cipla to offload 4% stake for Rs 840 crore
Takeover Code change to impact Bharti-MTN deal
Tata Steel Kalinganagar plant to start work soon
Kingfisher Airlines mulls rights offer to pare debt
Troikaa Pharma launches Xynova Endo for easy dental procedure
Goldman Sachs unit buys 1.1% in KS Oils
TVS Motor to launch 2 new bikes in commuter seg by yr-end
Union Bank expects 30-35 bps increase in NIMs in Q3
RCOM board approves Rel Infratel IPO; to approach SEBI soon
NTPC may sign gas deal with RIL at $4.20/mmBtu
Sanofi bags order from US for supplying swine flu vaccine
India's carpet exports shrink 28% in Aug
Arshiya International signs with L&T
Bharti stock down 3 per cent as MTN deal gets costlier
REC to take expeditious measures for proposed FPO
Labour unrest hits Rico Auto; output down 30%
Pipavav Shipyard fixes IPO price at Rs 58/share


Singapore Nifty is trading at 5,040.0 up by 17.0 points.