The Economic Times Markets Watch Newsletter

	Dated:31 December,2008

Top Headlines Sensex ends in red; traders hope for better 2009 Secondline stocks outperformed the benchmarks. BSE Midcap Index was up 0.59 per cent and BSE Smallcap Index moved 1.31 per cent higher. Stocks lose Rs 40 trillion in 2008 It was a story of riches to rags. Lady luck deserted investors and punters during 2008 with stock markets losing over Rs 40 trillion, a figure that not many would know carries how many zeroes. Indians rush to sell jewellery as prices soar Gold retail consumers thronged shops to sell old gold ornaments as prices moved above 13,500 rupees per 10 gram. Views on Stocks/Markets India Infoline recommends ONGC, Sesa Goa S&P revises Reliance Industries to negative; rating affirmed Liladhar puts 'accumulate' on Deepak Fertiliser & Petrochemical IPO/Global Markets SBI Life to raise Rs 600 cr via IPO Texmo Pipes plans IPO Chinese shares end '08 down 65.5% Rupee / Gold Re at biggest fall since '90s Gold closes at Rs 13,440 Indians sell gold More 'Market' News Indian markets highly volatile in the last two months The uncertain environment both onshore and the offshore led the key Indian equity indices to be the most volatile amongst its global peers. Nifty to trade between 3,250 and 4,300 in 2009: Bonanza Domestic brokerage firm Bonanza expects the broader Nifty to trade between 3,250 and 4,300 for most part of 2009. SEBI sets rules on exit option for regional SEs The Securities and Exchange Board of India (Sebi) on Tuesday issued guidelines on exit opportunities for regional stock exchanges (RSEs).		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 9647.31 -68.85 NIFTY 2959.15 -20.35 NASDAQ 1550.70 40.38 DJIA 8668.39 184.46 RS/$ 48.50 26.00 GOLD24K 13585.00 -190.00 GOLD22K 13520.00 -200.00 SILVER 18035.00 -110.00 NSE Gainers Scrip Price(Rs.) %Change himfut 10.15 + 20.12 telinf 7.70 + 18.46 shiaut 37.50 + 16.28 kskene 191.15 + 15.92 banamm 40.45 + 15.57 NSE Losers Scrip Price(Rs.) %Change shares 55.95 -19.96 matrla 90.75 -13.78 cersan 64.60 -11.20 hitpla 41.00 -9.89 entnet 152.65 -9.59

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