Tuesday, December 8, 2009

Market Report for 8th Dec 2009

Nikkei slips 0.8%, dragged down by exporters
Year-end relief: Gold may dip below $1,100

GM plans to spend $700 mn for Volt electric car
RCom Special Audit: Govt may have lost Rs 250cr
Oil ministry seeks Rs 20k cr of bonds
Direct tax mop-up may rise 15% by Dec: CBDT chief
ICICI in talks to sell entire stake in 3i Infotech
Tatas do a Nano in water purifier at Rs 1k
Costs may haunt auto cos on cleaner fuel quest
RIL lines up $10 bn for Lyondell buy
Re dips 27p, bonds rise on rate cues
Magma Fin takes 7% in Experian Credit
IndianOil's revenue may slip by Rs 28,000cr

Singapore Nifty is trading at 5,054.00 down by 6.00 points.

VIEW;- SELL MARUTI BELOW 1553 TGT 1533.

SELL STERLITE BELOW 829 TGT 812