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Saturday, November 21, 2009

Market News

Hot Pursuit

Jubilant Organosys leads gainers in 'A' group
Strong Q4 result sweetens Shree Renuka Sugars
Bank stocks capitalise on talks of consolidation among PSU banks
US nod for a generic drug lifts Ranbaxy Laboratories
Gammon Infrastructure builds on new order win
Comp U Learn Tech hardens on export order win
Tata Motors skids after recalling faulty Jaguar cars in China
Peninsula Land spurts
Bharti Airtel's network down on sharp reduction in roaming tariffs
PSU OMCs survive market slide as crude drops
Tata Steel drops after 56% investors opt for bond exchange
NDTV firmly in the picture
Pratibha Industries surges on new order win
Oil scrips edge lower along with crude prices
Suzlon Energy in demand after offloading stake in Belgian arm
Large order win powers Thermax
Bhushan Steel shines on stake-sale buzz
New order fuels Jindal Drilling & Industries
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Market Commentary

Nifty November 2009 futures above 5,000
US stocks continue to linger in the red
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Market Beat

FIIs in selling mode
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Mutual Funds

Equity FMCG Funds Growing with Strong Fundamentals
Mutual funds' selling slows down
NFO: DSP BlackRock World Mining Fund
Dividend Announcement by Various Fund Houses
JM Financial MF Announces Dividend
Edelweiss MF Announces Dividend
DWS MF Announces Dividend
JM Large Cap Fund (G) underperforms the Nifty on all time periods
Index funds: Attracting investors
DSP BlackRock Mutual Fund Launches World Mining Fund
HDFC MF Announces Change in Features
Religare MF Declares Dividend for Tax Plan
Bharti AXA MF Declares Dividend for Equity Fund
Birla Sun Life MF Declares Dividend for Interval Income Fund
DWS Alpha Equity Fund (G) Buys Balrampur Chini Mills, Indiabulls Real
Estate
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Economy

Growth in money supply as per the RBI's projection

Other Markets

Rupee recovers
Call money ends lower
Call money opens lower
Rupee off 1-week low
Copper drops for first time in five days
Little change for precious metals
Crude ends lower for first time in four days


Corporate Results
Inca Finlease net profit declines 66.67% in the June 2009 quarter
Nilchem Capital reports net loss of Rs 0.01 crore in the March 2009
quarter
Nilchem Capital reports no net profit or loss in the June 2009 quarter
Nilchem Capital reports net profit of Rs 0.01 crore in the September 2009
quarter
Inca Finlease reports net profit of Rs 0.06 crore in the year ended March
2009
Transcon Research & Infotech reports net loss of Rs 0.03 crore in the
March 2009 quarter
Metalman Industries net profit rises 347.62% in the September 2009 quarter
Alfavision Overseas net profit declines 87.50% in the September 2009
quarter
Gamma Infoway Exalt reports net profit of Rs 0.02 crore in the September
2009 quarter
Hindoostan Spinning and Weaving Mills net profit rises 505.88% in the
September 2009 quarter
Continental Petroleums net profit rises 61.54% in the June 2009 quarter
Continental Petroleums net profit declines 32.00% in the September 2009
quarter
Gujarat State Financial Corporation reports net loss of Rs 34.38 crore in
the June 2009 quarter
Camex net profit declines 32.26% in the September 2009 quarter
Shree Renuka Sugars net profit rises 298.35% in the September 2009 quarter
Vanasthali Textile Industries reports net loss of Rs 4.44 crore in the
September 2009 quarter
Graviss Hospitality reports net loss of Rs 1.73 crore in the September
2009 quarter
Linaks Microelectronics reports net loss of Rs 0.21 crore in the September
2009 quarter
Raj Irrigation Pipes & Fittings reports net loss of Rs 0.08 crore in the
year ended September 2009
Yenepoya Minerals & Granites reports net loss of Rs 0.16 crore in the
September 2009 quarter
Sir Shadi Lal Enterprises reports net profit of Rs 9.02 crore in the
September 2009 quarter


Corporate News
Kesar Enterprises' equity shareholders to approve scheme of arrangement
Punjab National Bank to raise funds
Xo Infotech to hold board meeting
Octant Interactive Technologies to hold board meeting
Aban Offshore allots equity shares
Techno Electric announces acquisition of 100% stake in Simran
Shree Nath Commercial & Finance to issue & allot equity shares
Nu Tek India's members approves sub-division of shares
Interface Financial Services to appoint additional director
Midpoint Software's board approves scheme of amalgamation
Network18 re-structures business news - CNBC TVI8 and CNBC AWAAZ
Indowind Energy secures loan from IREDA
Gujarat State Petronet's director resigns
Amrapali Industries to consider stock split
Comp U Learn Tech India bags orders
Gammon Infrastructure announces Patna-Muzzafarpur Highway upgradation
under NHDP phase-III
RBI appoints Padmanabhan as MD & CEO of Bank of Rajasthan
Welspun-Gujarat Stahl Rohren to issue & allot equity shares
Pantaloon Retail to issue equity shares
Peninsula Land receives Rs 275 crore from Alok Realtors
Edelweiss Capital appoints additional director
Sujana Metal Products to issue & allot equity shares & warrants
Plethico Pharmaceuticals receives trading house certification
Sri Adhikari Brothers' board approves allotment of warrants
NDTV Group & Scripp enters into a definitive agreement
Triveni Engineering's board approves issue of employees stock options
Calsoft sells its stake in IDC
Suzlon's subsidiary divests 35.22% stake in Hansen Transmissions
International NV
Opto Circuits' US subsidiary launches next-gen patient monitor
Tata Steel completes exchange offer for CARS
HCL Technologies opens global development center in Brazil
Edelweiss Capital announces life insurance joint venture with Tokio Marine
Holdings
Mundra Port and Sez receives LOI for development of non-LNG port
facilities
CRISIL assigns credit rating to Birla Corporation
Kwality Dairy India to hold board meeting




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