The Economic Times Markets Watch Newsletter

	Dated:23 January,2009

Top Headlines Nifty closes below 2700 support on weak global cues Equities ended lower as traders booked profits and created short positions on account of uncertainty in global economy. Stock markets would stabilise by middle 2010: IndBank chief IndBank Merchant Banking Services Ltd (IMBS) is hopeful that the stock market would stabilise by the middle of next year. Investors shun banking counters Investors appear to be wary of taking fresh positions in the banking counters even after some of the sector players reported impressive third quarter numbers. Views on Stocks/Markets Satyam gains 15% in early trade United Spirits extends losses, down over 6% BNP Paribas ups stake in Geojit Financial IPO/Global Markets Asian stocks at 1-1/2-mth low Chinese shares close down 0.71% Hong Kong shares end morning down 0.2% Rupee / Gold Gold recovers Rupee weakens Gold gains more than 2% More 'Market' News Sensex off lows;Tier II under pressure Mkts bounced back from day�s lows as buying emerged at lower levels in frontline stocks. SEBI probes big bear hug on select shares SEBI is examining role of group of bear operators in sharp fall of a few shares in recent weeks. Flat start for equities; RIL surges The BSE Oil & Gas sector edged higher helped by gains in Reliance Industries.		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 8674.35 -139.49 NIFTY 2678.55 -35.25 NASDAQ 1465.49 -41.58 DJIA 8122.80 -105.30 RS/$ 48.93 -0.37 GOLD24K 13485.00 125.00 GOLD22K 13550.00 -120.00 SILVER 18050.00 -15.00 NSE Gainers Scrip Price(Rs.) %Change satyco 38.85 + 31.25 timtec 22.05 + 14.84 munaut 30.30 + 12.22 jyolab 56.95 + 10.48 atultd 41.75 + 10.45 NSE Losers Scrip Price(Rs.) %Change rsrmoh .00 -100.00 neothe 9.60 -19.67 eviacc 1.95 -18.75 unispi 479.05 -15.70 canban 174.30 -14.64

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