CORPORATE NEWS: The Economic Times Markets Watch Newsletter


	Dated:06 February,2009

Top Headlines

Sensex ends 200 points up; RIL, ICICI Bank gain

Indian benchmarks surged on Friday to end near day�s highs led by gains in heavyweights like Reliance Industries and ICICI Bank.

Analysts paint gloomy corporate earnings in 2009-10

Analysts said further slowdown in economy is likely to reflect on corporate profitability. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | 52 Week: High, Low

Tough times ahead for banking stocks

Though the Q3 results of banking stocks surprised analysts, the Q4 will be extremely tough as falling bond prices and deterioration of asset quality may hamper their bottom lines.

Views on Stocks/Markets

Sterlite down on Asarco buy buzz

Religare reiterates Sell on ACC

Educomp denies pledged shares

IPO/Global Markets

European stocks rise at open

Singapore shares close up 0.63%

Chinese shares close up 3.97%

Rupee / Gold

Rupee ended at 48.70

Gold closes at Rs 14, 222

Gold futures rise for third day

More 'Market' News

Derivatives dispute divides Islamic finance market
The ability of sharia lenders to survive future shocks is in question

Global cues & F&O data hints at optimism
With global markets demonstrating positive cues and Singapore Nifty futures trading 47 points higher, Indian stocks will open higher Friday. However, foreign players selling in index futures and cash market may check gains at higher levels.

Falling dividend payouts hit arbitragers
With the slowing economy forcing companies to tighten their purse strings, the number of dividend announcements has fallen sharply.