The Economic Times Markets Watch Newsletter

	Dated:02 February,2009

Top Headlines Sensex plunges over 300 points; DLF disappoints Indian equities ended with huge losses Monday following its peers after concerns of deteriorating global economy took centrestage. Profit booking likely to erase last week's gains Profit booking, led by renewed concerns about deteriorating US economy, could reverse a portion of last week�s gains. Views/Recommendations | Market Calendar Satyam fallout: IPO funds under scrutiny SEBI is now scrutinising the usage of money raised by companies through IPOs. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | 52 Week: High, Low Views on Stocks/Markets DLF, Unitech shares down on weak December quarter Spice Communication up 40%, touches high of Rs 74 Stocks to watch: Reliance, Tata Motors, DLF, Unitech, Satyam, Suzlon IPO/Global Markets Most Asian markets fall on bleak earnings Nikkei slips 1.6% as Hitachi, earnings weigh Hong Kong shares close down 3.1 per cent Rupee / Gold Gold may scale high Rupee weakens Gold demand weak More 'Market' News Players positive on huge put writing, long rollovers in midcaps Given the aggressive put writing at lower levels along with long rollovers from FII players, traders expect the short covering rally to continue. Suzlon to raise Rs 1,800 cr through ADR issue After suspending plans to raise Rs 1,800 cr by way of a rights issue, Suzlon is now planning to raise money through an ADR issue and/or a preferential allotment. L&T up 1.2% on favourable proposal in Satyam open offer terms Shares of L&T were up Rs8.30 at 697.50 on a report that the open offer price for acquiring a 20% stake in Satyam may be favourable for the prospective buyer.		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 9066.70 -357.54 NIFTY 2766.65 -108.15 NASDAQ 1476.42 -31.42 DJIA 8000.86 -148.15 RS/$ 49.02 -0.12 GOLD24K 14280.00 475.00 GOLD22K 14175.00 435.00 SILVER 18050.00 -15.00 NSE Gainers Scrip Price(Rs.) %Change spicom 80.25 + 75.03 genein 50.80 + 20.09 htmglo 154.90 + 19.02 hinorg 21.55 + 17.12 supeng 42.75 + 12.20 NSE Losers Scrip Price(Rs.) %Change giengs 26.15 -19.91 todwri 19.15 -19.71 bhanen 7.55 -17.49 hithom 39.40 -16.17 dlfltd 153.00 -13.88

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