The Economic Times Markets Watch Newsletter

	Dated:13 January,2009

Top Headlines Infosys fails to lift markets; Sensex ends flat Markets ended a choppy session flat Tuesday, as investors lacked conviction to take new long positions even as Infosys posted better than expected Q3 results. SBI to create fund for investing in equity of infra projects State Bank of India (SBI) signed an MoU with the Gujarat govt to create a fund of Rs 5,000 crore for investing in equity of infrastructure projects. New Satyam board says will take time to get on track Satyam shares pared gains on Tuesday after the government-named board acknowledged it will take time to get the software services exporter back on track. Views on Stocks/Markets Tech stocks in demand; Infosys up 6% L&T moves up on value buying Maytas Infra hits lower circuit IPO/Global Markets Nikkei at risk of falling back to 26-year low US stocks tumble on economic worries Asian shares hit by earnings woes Rupee / Gold Gold price crashes Rupee tumbles to 5-wk low Gold futures slips More 'Market' News Stay defensive on India, says ENAM Domestic brokerage major ENAM feels that earnings would continue to disappoint up to July 2009 and that the market would be driven by technicals. Satyam to remain listed as of now: NYSE The New York Stock Exchange has said that it will delist the scrip of Satyam Computer Services only if the company's average share price for 30 trading sessions dips below one dollar. Wipro extends losses; stock down 4% Investors, fearing Wipro could be the next Satyam, sent the co's stock tumbling, after it saw almost a 10 per cent fall in the previous session.		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 9071.36 -38.69 NIFTY 2744.95 -28.15 NASDAQ 1538.79 -32.80 DJIA 8473.97 -125.21 RS/$ 48.60 0.32 GOLD24K 13385.00 -70.00 GOLD22K 13325.00 -70.00 SILVER 18035.00 -110.00 NSE Gainers Scrip Price(Rs.) %Change gwache 55.40 + 15.18 hitpla 42.75 + 12.50 sanltd 133.45 + 11.81 stiind 7.70 + 10.00 sudche 110.00 + 10.00 NSE Losers Scrip Price(Rs.) %Change rolind 87.55 -17.37 tanlso 45.70 -16.76 hitecg 52.80 -14.70 bomray 100.65 -14.38 mahfor 49.70 -13.79

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