CORPORATE NEWS: The Economic Times Markets Watch Newsletter

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	Dated:06 March,2009

Top Headlines

Sensex closes above 8300; IT, oil&gas gain

Mkts bounced back in the last hour as traders covered short positions ahead of holidays next week. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE

ICICI Bank cuts new home loan rates by 25-50 bps

After the rate cuts by RBI, ICICI Bank has cut the interest rates in new home loans by 25-50 bps.

Is equity investment still a good proposition?

Current meltdown notwithstanding, equities as an asset class are expected to outperform their peers in the long run. 5 facts on stock falls | Bet on big guns

Views on Stocks/Markets

Satyam surges 17% on SEBI nod for partner

Zensar soars 10% on UK deal

EID Parry up 3% as co to consider interim dividend

IPO/Global Markets

Wall St hammered, hits new multiyear lows

Asia stocks slide as Wall St hits 12-year low

Tokyo shares sink to four-month low

Rupee / Gold

Rupee's free fall

Gold up Rs 153 at 15,550

Rupee at 51.67/68 per $

More 'Market' News

Goldman Sachs not planning to sell 5% stake in NSE
Global financial services firm Goldman Sachs has said it is not planning to sell its five per cent stake in the National Stock Exchange (NSE).

Brokers find dual pool a/cs too expensive
As revenues continue to shrink, brokers have been forced to look at expenses that can be done away with.

RBI offers 600 bn rupees at special repo
RBI said it would conduct a special repo auction for 600 bn rupees on Friday. The reversal of the auction will be on March 20, it said in a statement.