CORPORATE NEWS: The Economic Times Markets Watch Newsletter


	Dated:04 February,2009

Top Headlines

Nifty ends above 2800;Tata Steel, Zee Ent up

Equities witnessed a dull trade as investors chose to stay away in a directionless market. Metal and realty space ended higher while healthcare closed lower.

QIPs made in stocks lose $4.5 bn since 2006

QIPs a major flop as $6.6 bn invested through this route is now at $2.1 bn. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | 52 Week: High, Low

Satyam saga: List of cos disclosing pledged share details grows

The list of promoters, who have mortgaged their equity holding to raise funds, is growing. Nearly 10 cos provided details of shares pledged by their promoters.

Views on Stocks/Markets

Henkel shares up 5% on report of likely brand sale

PTC India turns negative after sharp early rise

Ion Exchange climbs 20% on order win

IPO/Global Markets

Asia stocks rise amid signs downturn is bottoming

Nikkei up as techs gain on hopes for upturn

Chinese shares up 1.75 pc at midday

Rupee / Gold

Gold near Rs 14K

Rupee strengthens

Gold slips

More 'Market' News

Aggregate sales growth of Nifty companies drops down
Aggregate sales growth of Nifty cos has dropped down to single digits and net profit shrank 12% in December, their worst performance in five years.

FIIs covering shorts indicates optimism, spot selling a concern
With the FIIs covering shorts in index futures along with positive cues from overseas, the outlook for the Indian market is that of cautious optimism.

Tata FD & NCD: What's best for you?
With equity markets in a state of turmoil, the old-fashioned but reliable fixed income instruments have regained their standing with retail investors.