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  • MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
  • SENSEX, NIFTY UP 1% EACH FOR THE WEEK
  • CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
  • METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
  • INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
  • RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
  • RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
  • ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
  • APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
  • JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
  • CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
  • GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
  • NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)
  • PROFIT UP 55% AT RS.143.50 CR; NET SALES UP 22.5% AT RS.2234.20 (YOY)
  • IMPORTING SUGAR BEING REVIEWED; NEED FOR ECONOMIC PRICING OF SUGAR
  • IN DISCUSSIONS WITH FARMERS TO COME AT PRICE COMFORTABLE FOR BOTH SIDES
  • TOO EARLY TO TALK OF DENA BANK MERGER WITH ANOTHER PSU BANK: NW
  • KEEPS OVERNIGHT LENDING RATE UNCHANGED AT 0.1%
  • STILL SEE DOWNSIDE RISK FOR THE ECONOMY
  • AIM TO CONVERT NON USERS TO USERS WITH THE HELP OF ROAMING TARIFF CUTS
  • PREFER TO REMAIN AGGRESSIVE WITHOUT GETTING INTO A PRICE WAR
  • MURTAZA KHORAKIWALA TO NDTV: CANNOT COMMENT ON SUB JUDICE MATTER
  • WOCKHARDT TO PAY BACK ALL SECURED, UNSECURED LOANS IN 5 YRS AS PER CDR
  • DBS TOP BRASS MET HABIL KHORAKIWALA TO DISCUSS WAYS OF SETTLEMENT: SRCS
  • EYEING TO SETTLE PAYMENT DEFAULT CASE OUT OF COURT: SOURCES
  • ALERT: ROAMING CONTRIBUTES 15% OF BHARTI REVENUES
  • ROAMING CALLS ON OTHER NETWORKS AT 80 PAISE/MINUTE
  • ROAMING CALLS ON OWN NETWORK AT 60 PAISE/MIN
  • SWAP TO REDUCE OVERALL FINANCE CHARGES FOR THE COMPANY: CFO
  • COMPLETES SWAP OF $875MN FOREX CONVERTIBLE BONDS
Updated: 04/11/09 | 11:09 AM IST
Market Watch
Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low to entice Americans to spend more and help the economic turnaround gain traction.
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Stocks ended back-and-forth trading mostly higher on Tuesday as a spike in the price of gold and corporate dealmaking extended an advance from Monday.
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The benchmark index suffered a big selloff on Tuesday, amid bearish sentiment across the globe as investors remained circumspect about the direction of the market.
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The benchmark indices extended losses in the afternoon deals today. Heavy selling pressure was seen in realty and metal stocks.
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Stocks ended higher on Monday after another day of big swings. Stronger reports on manufacturing and housing gave the market an early boost but a rise in the dollar and worries about the soundness of an eight-month rally chipped away at the gains.
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The country's two prime bourses, the National Stock Exchange and the Bombay Stock Exchange, are likely to extend the trading time by two and half hours from next month and a formal notification to this effect is expected shortly.
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Asian stock markets fell on Monday after grim news about American consumers sowed more doubts about the strength of the US economic recovery and sent Wall Street tumbling last week.
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The Sensex erased early gains to end 156 points lower at 15,896 after selling pressure intensified in the latter half of the session. Asian markets, however, ended mostly higher today.
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The key benchmark indices gave up their early gains to trade lower in the afternoon deals today. IT and oil & gas counters led the decline on the bourses.
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The key benchmark indices gave up some of their gains in the afternoon trades today. While buying was seen in most sectors, oil & gas counters led by index heavyweight RIL were under some pressure.
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Special
'India will be among top three economies by 2050'
India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said. It also said China will become the world’s largest economy in 2032.

 
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