CORPORATE NEWS: The Economic Times Markets Watch Newsletter

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	Dated:12 March,2009

Top Headlines

Nifty closes at 2600; Bharti, Suzlon fall

Indian benchmarks retreated in the last half an hour of trade but still ended in the green as traders booked profits at higher levels.

Pessimism too high, time to buy: Mobius

Veteran fund manager Mark Mobius sees a potential 20 % rise in emerging market stocks in 2009. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE

Industrial growth again turns negative in January

Industrial production dipped by 0.5% in Jan, the contraction being for second mth in a row. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE I 52 Wk: High, Low

Views on Stocks/Markets

Beware of scrips that are quoting in single digits

Check carefully before joining the 'penny game'

Stocks to watch: Tech Mahindra, Reliance Infra, Satyam, TCS

IPO/Global Markets

Tata Com drops rights issue option

China stocks end down 0.2%

European stocks open lower

Rupee / Gold

Gold up by Rs 62

Rupee closes at 51.78/79

Gold tumbles by Rs 150

More 'Market' News

Gati on fast track on unit stake buy
Shares of Gati were on the rise after it said it planned to acquire the remaining 26.28 per cent stake in trucking company, Kausar India, through an open offer.

Dr Reddys Labs' promoter raises pledge to 7.06%
Dr Reddys Laboratories today said its promoter has pledged additional 84,000 shares for an undisclosed amount.

Tata Motors surges on British govt's 27 mn grant to JLR
There was still some scepticism among industry members about the timing and availability of the cash that the British government has announced.