CORPORATE NEWS: The Economic Times Markets Watch Newsletter


	Dated:11 February,2009

Top Headlines

Sensex recovers on renewed optimism

Equities showed signs of strength on Wednesday, recovering most of intra-day losses overlooking a steep fall in US and European markets.

Govt infuses Rs 3,800 cr in 3 banks

Government today announced a Rs 3,800-crore fund infusion into state-run lenders. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE

PSU banks surge on fresh capital infusion

Banking stocks were in demand after the Cabinet approved a govt proposal to infuse Rs 3800 crore into three state-run banks.

Views on Stocks/Markets

Religare recommends 'Buy' call on Hindustan Zinc

GAIL faces resistance around Rs 235: Anand Rathi

Negative FY08 EPS growth puts dividends at risk

IPO/Global Markets

N Zealand shares 0.72 pc lower

HK shares end down 3.2 pc

Seoul shares fall on US worries

Rupee / Gold

Rupee closes at 48.69/70

Gold sets new peak at Rs 14,550

Gold up by Rs 164

More 'Market' News

Tata Communications' two promoters pledge 10.53 pc stake
Telecom major Tata Communications said that two of its promoters have pledged a 10.53 per cent stake in the company with lenders.

Auto stocks buck trend on hopes of excise duty cut
Auto stocks attracted some buying interest on prospects of lowering of excise duty in the Interim Budget set to be unveiled on next Monday.

Gemini Communication founders pledge 11.28 pc equity
Gemini Communication Ltd said its promoters pledged 10.96 million shares, or 11.28 pc of the company, with BoI and SBI as collateral security.