CORPORATE NEWS: The Economic Times Markets Watch Newsletter

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	Dated:27 February,2009

Top Headlines

Weak GDP data, rupee drives market to end lower

Although the market managed to crawl back from the day�s lows, it ended on a weak note.

Most long-only funds underweight on India

Most long-only funds are underweight on India and most hedge funds are running short positions on India, while almost 100% of the funds are overweight on China.

Tech stocks hit as rupee falls to record low

Technology stocks were under pressure on Friday after the Indian rupee hit a record low.

Views on Stocks/Markets

Tata Steel surges 7% as Q3 net beats forecast

SREI Infrastructure gains 16% on NSE block deal

Ranbaxy down another 4% weighed by USFDA action

IPO/Global Markets

World stocks mostly lower as fears weigh

European stocks slip, London down 0.61%

Hong Kong shares close down 0.7 pc

Rupee / Gold

Gold drops

Re ends at record low

Gold recovers

More 'Market' News

Promoter groups pledge over 90% of their shares in 27 companies
A study based on disclosures made by 467 listed firms shows that promoters have pledged more than 90% of their holdings in 27 cos.

UBS Asset is bullish on China, India stocks
Collapsing exports make South Korean and Taiwan stocks risky bets but equities in China, India and Indonesia offer good value.

SEBI turns down Natco Pharma's request on ESOPs
SEBI has turned down Natco Pharma's request to give cash to employees who are ready to forgo their entitlement of stock options.