CORPORATE NEWS: The Economic Times Markets Watch Newsletter

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	Dated:04 March,2009

Top Headlines

Nifty ends choppy session higher

Key indices ended choppy session higher on Wednesday led by gains in metals and oil&gas space. Second rung stocks closed marginally lower.

Rupee may overshoot 54 mark as fundamentals deteriorate

Experts are of the view that India�s domestic currency relevant fundamentals are deteriorating.

75 firms pledge over 30% stakes

In some cases, shares pledged account for more than 75-80% of the promoters, stake. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE I Top 10 FMCG stocks

Views on Stocks/Markets

ICICI shares dip 4% on Russian exposure worry

Moody's downgrades Tata Steel; further downgrading possible

BHEL, Bharti in BNP Paribas' 14 investible stocks

IPO/Global Markets

Asian stock markets rise

China stocks surge 3% on trading tax cut

Nikkei turns positive, shares climb

Rupee / Gold

Rupee ends at 51.65

Gold closes at Rs 15,116

Sell $ as rupee tumbles

More 'Market' News

HNIs eye non-equity assets abroad
Wealth managers in India are advising their high net worth clients to increase exposure to non-equity overseas asset classes. Where to park money in 2009

PSU bank stocks seen losing favour with FIIs
With India's economic growth expected to cool down further, shares of public sector banks (PSBs) seem to be losing charm with foreign institutional investors.

F&O indicators and failing rupee hints at more downside
Equities are seen under tremendous pressure, with no signs of revival in global stock markets and foreign players selling in spot and index futures here.