The Economic Times Markets Watch Newsletter

To ensure delivery directly to your inbox, Please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here.
	Dated:01 February,2013

Top Headlines Sensex falls 114 pts on proft-booking; Bharti Airtel down 2.6 pc The BSE benchmark Sensex today closed 114 points lower on profit-booking amid weak earnings by Bharti Airtel and BHEL. Bharti Airtel Q3 PAT falls 72% to Rs 284 crore According to Airtel, the profit was hit by high depreciation, amortisation & interest cost. The company's stock fell post the disappointing results. Oil India's Rs 3,000 cr share sale over subscribed The government was selling 60.11 mn shares, or 10 pc of the company's stock, and had set a floor price of Rs 510 per share for bids. Views on Stocks/Markets Kotak downgrades Mahindra Satyam after Q3 earnings Worst seems to be over for Bharti Airtel, recommend 'buy': Microsec Investors should focus on interest-rate sensitives: Axis Capital IPO/Global Markets China posts best wk since Oct 2011 Nikkei sees longest run of wkly gains Australia shares end up Rupee / Gold Rupee up for fourth week Gold tumbles by Rs 225 Recent rise in Re convincing? More 'Market' News Bharti Airtel: Lacklustre numbers, how vulnerable is the stock? Bharti Airtel's stock fell by over 2% in the afternoon trade on Friday after the company reported flat topline and a sharp 60.7% sequential fall in net profit. Rate cuts, reforms & FDI inflows to boost market: Centrum Wealth Our market has got enough triggers, and valuation-wise even 21000 is very comfortable, says G Chokkalingam, Centrum Wealth Management. NSE probes 'sudden' slump in Tata Motors & Ultratech shares The block sales took place in NSE at much lower prices than either company was trading at at the time, sending the shares crashing.	Market Round-up SENSEX 19781.19 -113.79 NIFTY 5998.90 -35.85 S&P500 1,402.22 .87 NASDAQ 3,011.25 -4.61 USD/INR 53.2796 -.16 NSE Gainers Scrip Price(Rs.) %Change BS Ltd. 318.55 + 14.52 Upper Ganges Sugar & Indu 44.45 + 10.99 Autoline Industries Ltd. 130.50 + 9.89 AML Steel Ltd. 7.25 + 9.85 Sabero Organics Gujarat L 97.70 + 9.84 NSE Losers Scrip Price(Rs.) %Change Commercial Engineers & Bo 59.65 -19.23 Manali Petrochemicals Ltd 9.40 -11.32 Software Technology Group 2.75 -8.33 Indian Terrain Fashions L 57.20 -8.33 Cinevista Ltd. 3.35 -8.22

About Us | Advertise with Us | Terms of Use and Grievance Redressal Policy | Privacy Policy | Feedback | Sitemap Copyright © 2013 Bennett Coleman & Co. Ltd All rights reserved. For reprint rights: Times Syndication Service If you want to unsubscribe the service, please click here.