Friday, January 29, 2010

Market Report for Jan 29th 2010

Asia trading weak; Hang Seng down 1.6%, Nikkei down 1.5%
Wall St slides on tech results, global worry



Most bankers expect RBI to hike CRR by 50 bps
RBI fears spike in inflation on capital inflow surge
MRF Q3 net profit at Rs 119 cr
Mundra Port & SEZ Q3 net profit at Rs 163 cr
HPCL plans to set up Rs 25,000-cr refinery
OBC Q3 net profit up 14.7% at Rs 289 cr
Food inflation rises to 17.4%
Infosys rides early recovery wave as clients up outsourcing
L&T Infotech bags e-governance project of AICTE
Canara Bank Q3 profit zooms 50% to Rs 1,052.58 cr
LIC buys 3.55 lakh more shares of ONGC; stk gains
Gold prices hit near 3-month low on strong dollar
Railway Budget on Feb 26, general Budget on Feb 26


SIngapore Nifty is trading at 4,824.50 down by 60.50 points.