Thursday, April 22, 2010

Market Report for 22nd April 2010

Nikkei falls 1.8 pct, chip-related shares falter
Wall Street ends flat as healthcare weighs
FIIs move away from state oil companies
United Spirits net sales up 38% in fourth quarter
TCS, Rolls-Royce sign engineering services pact
KSK Energy bets on new units for fresh triggers
M&M starts work on electric two-wheelers
Unitech shares rise over 2 per ccent on demerger plan
HCL net income rises 57% in third quarter
Sundaram Fin to buy out BNP in JV
Atlas, Reliance to buy more Marcellus acreage
Meltdown continues, sugar prices hit new lows
Re weak on speculation over RBI move on curbs
RBI tightens loan securitisation rules for banks
India will have 90% pay TV penetration by 2014


MARKET VIEW;- MARKETS ARE EXPECTED TO OPEN LOWER AND TEST KEY SUPPORT LEVELS.