CORPORATE NEWS: The Economic Times Markets Watch Newsletter


	Dated:16 February,2009

Top Headlines

Market hopes dashed as Budget turns non-event

Key indices ended low after Interim Budget failed to deliver on investor expectations. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | 52 Week: High, Low

Gold may breach Rs 16,000; demand may recoil

Gold is expected to coast to Rs 16K per 10 grams levels after last week's stretch of record-making highs. Why invest in Gold now? I Investing in gold a safe bet

India may face downgrade on deficit

Poor corporate performance may be the main reason for low revenue collections. Interim Budget Agriculture | Growth | Infrastructure & Education

Views on Stocks/Markets

Higher defence spend does little for shares in the sector

Stocks to watch: Satyam, Jet Airways, ICICI Bank, TCS, HBL Power Systems

Analysts' Picks: GMR, Mundra, Ambuja, Idea, ACC

IPO/Global Markets

World markets rise

Chinese shares close up 3.23 pc

Hong Kong shares close up 2.5 pc

Rupee / Gold

Gold may breach Rs 16,000

Re dips as budget fails to excite

Gold demand slack, buyers eye falls

More 'Market' News

Realty, auto stocks fall as Interim Budget disappoints
Realty and auto stocks erased all gains after the interim budget did not provide any sops to the sectors as expected.

Fertiliser shares weak despite increase in subsidy
Shares of fertiliser companies like Nagarjuna Fertiliser, Chambal Fertiliser, Gujarat State Fertiliser, Tata Chem weakened on the bourses in intra-day trade.

Satyam climbs 6% as SEBI amends takeover norms
Shares of the fraud-hit Satyam Computer were in the limelight after SEBI eased takeover norms for cos whose board has been superseded by Govt.