CORPORATE NEWS: The Economic Times Markets Watch Newsletter


	Dated:09 February,2009

Top Headlines

Mkts end near day's high; Nifty closes above 2900

Expectations of the US stimulus package later on Monday lifted sentiment. Metals, consumer durables and oil & gas stocks spearheaded the rally.

Market undeterred by FY09 GDP estimate at 7.1%

The market remained firm even after the government estimated that India's economy would expand at 7.1 per cent in fiscal 2008/09.

Promoters continue to pledge shares

The pledged shares in some cases touch 20% to 30% of the co's total paid-up capital. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE I Views/Recommendations

Views on Stocks/Markets

UTI close to 26% stake sale

Kingfisher Airlines zooms 15% on stake sale buzz

Gujarat NRE promoters pledge 15.96% stake

IPO/Global Markets

US stock futures dip; stimulus plans eyed

Tokyo stocks end down 1.33%

China stocks close up 2%

Rupee / Gold

Rupee ended at 48.58

Gold closed at Rs 14,100

Gold buyers at bay, seek fall

More 'Market' News

Equity Outlook 2009: Pain before bounceback
Equity Outlook 2009 - which featured eight bulge-bracket stock market gurus under the aegis of your paper�s upcoming business channel ET NOW - helps you identify the opportunities and risks.

These bulls sure know how to grin and 'bear' it
The event not only provided market experts a chance to air their views but also set a meeting point for old friends & long-lost foes to get even on where the market is headed.

Quality call must go beyond bear phase
Satyam episode appears to have convinced most of India�s top money managers and brokers that transparency should be a key parameter for investing in companies.