Thursday, October 29, 2009

MARKET REPORT 29TH OCT 2009

Wall St drops on weak home sales data; Nasdaq slips 2.7%
Asia trading weak; Hang Seng, Nikkei down 2%
Indian ADRs: Satyam slips 10%, Tata Comm down 5%

BOC India to invest Rs 600 cr in Tata Steel
Core sector grows 4%, may pull down IIP
ACC net up 54% at Rs 435 crore
KG power tilting balance in favour of gas plants
Vegetable oil import may touch Rs 27,000 cr this year
Farmers' stir may delay cane crushing in Uttar Pradesh
Indiabulls Power to list on October 30
Reliance Inds to post muted Q2; gas pricing row eyed
India may import rice in 2010


SINGAPORE NIFTY IS TRADING AT 4,754.0 DOWN BY 79.0 POINTS.

VIEW :- SELL HCL TECH BELOW 304

BUY CROMPTON GREAVES ABOVE 375