The Economic Times Markets Watch Newsletter

	Dated:30 January,2009

Top Headlines Sensex closes above 9400; metals, realty surge Some heavy buying in frontline stocks Friday helped benchmarks close to day�s high. Rally was led by metals, realty and oil & gas stocks while pharma stocks had a subdued session. OMCsfavoured on expectation crude will fall further Crude is consolidating between $35 & $50 a barrel. Low demand makes another down-swing likely. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | Earnings Gold at all time high, but physical buyers missing Rise in line with international futures that has breached the key resistance of $918-920 an ounce.Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | Earnings Views on Stocks/Markets Investors lap up gilt, income funds SMC sees shift from credit to conservative period Short-covering in F&O drives up market IPO/Global Markets Asian mkts mixed on weak economy Nikkei slides 3.4 per cent S Korean shares close 0.4% lower Rupee / Gold Gold up by Rs 272 Rupee closes at 48.90/92 Gold at all time high More 'Market' News Spice up 47% on interest in Satyam; analysts cautious Shares of Spice Communications were up 47.44% at Rs 38.85, but off the day's high, on news the group is interested in acquiring a 51% stake in Satyam Computer. Educomp down 2.38%, new orders ignored Ignoring the newly secured order by the company, investors continued to dump shares of Educomp Solutions. On Friday the stock was down more than 2%. Akruti City takes a hit; down 9% on poor results Amid low trading volumes, Akruti City declined over 9% on the back of poor results for the third quarter ended December.		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 9424.24 187.96 NIFTY 2874.80 50.85 NASDAQ 1507.84 -50.50 DJIA 8149.01 -226.44 RS/$ 48.90 -0.03 GOLD24K 13805.00 -125.00 GOLD22K 13740.00 -125.00 SILVER 18050.00 -15.00 NSE Gainers Scrip Price(Rs.) %Change giengs 32.65 + 226.50 spicom 45.85 + 73.02 eviacc 3.20 + 18.52 solcen 34.00 + 17.24 firsol 11.45 + 16.84 NSE Losers Scrip Price(Rs.) %Change murlin 96.50 -12.23 fieind 41.10 -10.46 stiind 6.25 -10.07 aartdr 35.85 -9.81 hantoy 34.25 -9.75

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